Gatwick contributes £5.3bn to the national economy. See how we are working with partners to share the benefits locally.
Gatwick contributes £5.3bn to the economy and - like the airport - local businesses and SMEs are vital engines that help to drive the region’s economy.
To help support local businesses, we spend around £135 million directly with local and regional suppliers each year because the airport actively focuses on supporting and improving opportunities for local business to supply the airport.
A large proportion of Gatwick’s goods and services are procured through long term framework contracts, so we can form strong partnerships and many of these partners are locally based. We work closely with all of our partners to encourage and develop a strong and sustainable local supply chain.
Local and regional partnerships
We value the strong, productive relationships we have developed with local and regional economic partnerships and business organisations, from South London to the South Coast, across Sussex, Surrey and Kent. We participate in and support events and activities, finding out about our partners’ priorities for driving local and regional economic growth; listening to what’s important to local businesses; and keeping them informed about what matters to them.
We are active members of several economic groups and partnerships, working together to build a strong local supply chain; boost business and to strengthen opportunities for employment and skills development.
We also support local businesses through event sponsorship, employee involvement and membership of key regional business groups and organisations such as Gatwick Diamond Business: the Chambers of Commerce (Crawley and Gatwick, Sussex and Surrey and Kent); the Federation of Small Businesses (FSB); and we are a Surrey Business Champion through Business South.
We work in partnership with local authorities and regional partnerships such as the Coast to Capital Local Enterprise Partnership, Develop Croydon, Gatwick Diamond Initiative, and Greater Brighton Economic Board to identify and address economic priorities.
We support a range of local business and regional economic events and activities, which bring local businesses and local economic partners together to debate and support growth and success in the region, for example:
Supporting local businesses
We recently partnered with the Department of International Trade (DiT) to run a competition for three local SMEs to win the chance to apply to visit an international trade fair relevant to their sector.
An SME is a company with fewer than 250 employees and which has either (a) an annual turnover not exceeding £40m or (b) an annual balance-sheet total not exceeding £34m.