Mendip Economic Development Strategy

Mendip Economic Development strategy which is the strategic framework for the delivery of future growth activities across the District, in a rapidly changing economic landscape.

Mendip Economic Development Strategy 2017-2020

The previous Economic Development Strategy for Mendip was approved by Cabinet in January 2013 and has guided the Council's activities in supporting economic growth across the District between 2013 and 2016.

The Mendip Economic Development Strategy 2017-2020 seeks to build on this work, and forms the strategic framework for the delivery of future growth activities across the District, in a rapidly changing economic landscape. 

Icon for pdf Mendip Economic Development Strategy 2017-2020 [1.03MB]

Icon for pdf Mendip Socio-Economic Baseline Report 2016 [2.44MB]

Consultation has taken place with a wide range of business partners and stakeholders in the preparation of this Strategy, and further comments or enquiries may be submitted to economy@mendip.gov.uk

Mendip Economic Development Strategy 2013-2016

In 2012, we refreshed our economic strategy to reflect current economic conditions and refocus how we support businesses and help grow the economy.

Mendip is a largely rural district with five distinctive towns - Frome, Glastonbury, Shepton Mallet, Street and Wells - that has the additional benefit of being close to the economic prosperity of Bristol and Bath.  Whilst the majority of businesses are small-medium in size, the district is home to established global companies and brands including Clarks, Mulberry, Blackthorns and the Glastonbury Festival.

Since the 2008 recession, the Mendip economy has remained resilient and entrepreneurial.  Going forward we need to improve competitively and ensure we attract, retain and stimulate investment and employment growth.  Six priority themes have been developed to guide and drive this approach.

This strategy looks at the state of Mendip's economy and suggests ways forward. It comprises two documents:

  • Baseline Socio-Economic Conditions Report 2012.  This uses the latest economic data to measure the state of the Mendip economy.
     
  • Mendip Economic Development Strategy 2013-2016. This concentrates on Mendip going forward and how economic potential can be unlocked.  The six priority themes identified are supported by targeted actions for delivering change.
This study reviews the current and future supply & demand for employment land.
A 2007 survey revealed that Glastonbury Festival impacts on the worldwide economy to the tune of more than £73million.