The highlight of the year for SWLEP was the opening of the Business Cyber Centre (BCC) in May 2022. The BCC is a state-of-the-art facility that provides office and event space, as well as cyber-related goods and services to businesses. The project was completed on time and within budget, and has been recognised as the best refurbishment and fit-out in the south-west in the region’s property awards. SWLEP also continued to provide financial support to businesses through the Growing Places Infrastructure Fund (GPIF). During the year, SWLEP made ten loans to the value of £4.58m, leveraging £15.5m. SWLEP also continued to focus on skills development, and was an active participant in the development of the Local Skills Improvement Plan for the area.