Plymouth

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Last Updated: 4, June 2024

Plymouth

  Number of Digital Jobs
  Digital GVA
  Average Advertised Digital Salary
  Startup Births
  Digital Concentration
  Tech Sector Growth Potential

What’s there

“Britain’s ocean city” is not just picturesque, it is making waves with an early stage cluster of science and digital tech businesses too.

The Plymouth Science Park is among the largest in the South West, home to more than 120 businesses, including a number of spinouts from Plymouth University. Thrive Hubs operates a space in Plymouth and THINQTANQ offers hot-desking, events and a small prototyping lab in the city centre.

Plymouth University’s Formation Zone incubator and its Futures Entrepreneurship Centre foster innovation. The digital tech community is also supported by initiatives such as MESH, (Make Engineer Socialise Hack), and Global Game Jam. What’s more, many of the new digital tech businesses in the city are formed as CICs, reflecting Plymouth’s history of support for social enterprise.

What’s new

Founded in 2015 as a quarterly Meetup for the digital tech community, last year Digital Plymouth expanded into a one-day conference.

Plymouth County Council has been holding DataPlay events. One of these, developed in collaboration with the Real Ideas Organisation, was dedicated to young people and resulted in a programme that suggests how safe each neighbourhood is.

What’s up next

This year Plymouth Science Park are opening a new £7 million IT hub, providing flexible office space for up to 200 people.

Plymouth University’s i-DAT, (Institute of Digital Art and Technology), is an open research lab that has recently moved to new premises. The new lab will host the Quorum research initiative. Meanwhile, the STEM Centre at City College Plymouth has received significant investment.

  • Louise Pasterfield

    Managing Director, Sponge UK

    What we do

    Sponge UK is an award-winning digital learning company based at Plymouth Science Park. We work closely with world-leading organisations to deliver better workplace performance using advanced learning technologies.

    Why Plymouth?

    With the sea and the moors within easy reach, the quality of life for employees is excellent. We’re seeing more talented graduates looking to stay in the area as the city’s digital tech sector thrives.

  • Paul Wright

    CEO & Founder, iotec

    What we do

    iotec are intent marketing specialists, applying machine learning to identify consumer intent without assumptions. We provide transparent media buying, intelligent insights and expertise to enable brands to understand and intelligently act in real context and in real time.

    Why Plymouth?

    Plymouth has an increasingly forward-looking and supportive approach to startups in the digital tech space. We’ve just moved into the new state-of-the-art building in Plymouth Science Park – One Research Way. We’re in great company, with dozens of innovative startups and plenty of space for us to grow.

Economic stats

6,404 Number of Digital Jobs Number of digital jobs – An estimation of employment in the digital tech industries and the digital tech economy. The APS has allowed us to capture digital embeddedness, that is digital experts working in non-digital industries. It also coves freelancers and self-employed workers. (Source: ONS Annual Population Survey)

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0.35 Digital Concentration Digital concentration / Location quotient (LQ) – Indicates the geographic concentration of digital business turnover relative to the UK. A value of one indicates average digital concentration, while a value of greater than one indicates a higher concentration. (Source: BSD)

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£82 million Digital GVA GVA (Gross Value Added) – Average digital GVA between 2013-2015. GVA measures the contribution of each economic unit by estimating the value of an output (goods or services) less the value of inputs used in that output’s production process. (Source: ABS/BSD) .

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54 Startup Births Startup births – Average number of startup births 2011 – 2015 (Source: BSD)

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42,275 Average Advertised Digital Salary Average Advertised Digital Salary – Digital tech economy average salary (2016) in each cluster (source: Burning Glass)

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Standard of living

7.72 Life Satisfaction Life satisfaction – Life satisfaction (10 pt scale, ONS data)

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£185,881 Average House Price Average House Price – Semi Detached Average House Price (Land Registry, Dec 2016)

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4.4 Housing Affordability Ratio Housing affordability ratio – House price to salary ratio

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Cost of doing business

15 Commercial Rent Per Annum (£ sq/ft) Commercial Rent Per Annum (£ sq/ft) – Prime office rents (JLL< 2016)

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What local startups say is good

84% Tech Sector Growth Potential
83% Overall Quality of Life
73% Cost of Living

What local startups say is a challenge

58% Poor Transport Infrastructure
48% Low Level Awareness of a Local Digital Industry
45% Limited Opportunities to Access Finance
Download more details on survey responses for this cluster