About the Forum
Torfaen Strategic Economic Forum (TSEF) is a dynamic collaboration of business leaders, public sector representatives, and key stakeholders committed to driving economic development within the borough of Torfaen, South Wales. Established in 2018, TSEF plays a crucial role in fostering sustainable economic activity, promoting social well-being, and creating long-term prosperity for businesses and residents alike.
Driving Sustainable Economic Growth in Torfaen
The primary mission of TSEF is to create and optimise opportunities that stimulate economic growth across Torfaen. We achieve this by fostering strong partnerships, supporting local businesses, and working closely with policymakers to implement impactful economic strategies. Our goals include:
Strengthening the local economy by supporting businesses of all sizes, from startups to established enterprises.
Encouraging investment in infrastructure, skills development, and innovation.
Enhancing employment opportunities by collaborating with educational institutions and training providers.
Building a thriving community through sustainable and inclusive economic practices.
Facilitating collaboration between the private, public, and voluntary sectors to drive meaningful change.
Who we are
TSEF is composed of leaders from various sectors, including business, education, local government, and non-profit organisations. Our collective expertise allows us to create forward-thinking strategies that address the challenges and opportunities within the borough.
In 2021, the TSEF Board of Directors took a significant step forward by incorporating as a company limited by guarantee. This strategic move ensures that the Forum can effectively meet the needs of its members while also having the capability to deliver structured and impactful programmes across Torfaen.
How We Support Economic Development
At TSEF, we believe that collaboration is the key to success. By bringing together industry leaders, entrepreneurs, and policymakers, we create an environment where ideas can flourish, investments can be secured, and local businesses can thrive. Our initiatives include:
Business Support and Networking
We provide a platform for local businesses to connect, share knowledge, and access vital resources. Through networking events, workshops, and industry forums, we create opportunities for businesses to collaborate and grow.
Skills Development and Workforce Growth
A strong economy relies on a skilled workforce. TSEF works closely with local education providers, training organisations, and employers to develop programmes that enhance the skills of the local workforce, ensuring they meet the demands of evolving industries.
Encouraging Investment and Innovation
We actively seek investment opportunities that benefit Torfaen, whether through infrastructure projects, technological advancements, or business funding initiatives. By promoting innovation and entrepreneurship, we aim to position Torfaen as a competitive and forward-thinking borough.
Public-Private Sector Collaboration
By building partnerships between the public and private sectors, TSEF helps bridge the gap between government initiatives and business needs. This ensures that economic policies align with the real-world challenges faced by local enterprises.