Rain

Rain

max temp: 26°C

min temp: 17°C

ESTD 1874 Search

Bury St Edmunds: Long-term growth will be helped by supporting new companies

14:23 19 July 2014

Bury St Edmunds

Bury St Edmunds

(c) copyright citizenside.com

Creating an “enterprise culture” in West Suffolk could lay the foundations for the next generation of business start-ups in the area.

shares

That’s according to a report commissioned by St Edmundsbury Borough and Forest Heath District councils which looks at how the public sector could encourage economic growth.

The document’s early conclusion suggested luring companies away from Cambridge could help boost business in West Suffolk.

The full report repeats this and adds there is a need to work with the market to ensure places like Bury St Edmunds, Haverhill, Newmarket and others meet the demands of small and medium enterprises with appropriate business premises.

But in the long term Jonathan Cook, the document’s author, said ensuring there was support for new business start-ups would also be key.

Talking about the report, he said: “We’ve got some short term actions and then the medium to long term plans for the next generation of businesses.

“So that’s why we’ve suggested this action around a culture of enterprise.

“To some extent you need to bring in entrepreneurs from outside to show what people have achieved and what they’re doing now, that entrepreneurship is a realistic option and you can take advantage of that locally.

“You would hope to create an environment which is more attractive to people who live locally who in five years time have the provision to start a business in Bury St Edmunds or Haverhill.”

Councillor John Griffiths, leader of St Edmundsbury Borough Council, said: “We welcome the findings which will feed into our wider plans for economic growth across the whole of West Suffolk.

“Forest Heath has run a small grants scheme for the last three years specifically aimed at encouraging and developing start ups and businesses within their first year. That has been a great success and has been adopted by St Edmundsbury.

“We are keen to encourage entrepreneurs first to develop their business, and then to grow it here in West Suffolk, and we will be working hard to deliver new opportunities over the coming months and years.”

shares

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

A former 4th July Celebration at RAF Feltwell.

A popular July 4 celebration organised by American airbases in west Suffolk has been cancelled due to “local threats”.

New Street, Woodbridge

An 82-year-old woman from Leiston who died yesterday following a crash in New Street, Woodbridge, has been named by police.

Luke Chambers models the new Ipswich Town away kit for 2015/16.

Ipswich Town’s new away kit launches tomorrow, although supply issues will affect the amount of stock available in the youth sizes of the strip.

Louise Chalklen and her son Aaron have fun fun colouring an action hero book.

Hard-working, stressed out adults are turning to a new craze that is sweeping Suffolk to help them switch off and forget about the pressures of day-to-day life.

Dr Dan Poulter is elected with 30, 317 votes.

The impact of Scottish devolution on the rest of the United Kingdom will be scrutinised by a Suffolk MP.

PC Ali Maidment with Jasmine and Tenzin

A police officer nicknamed ‘Robocop’ for his prolific arrest rate met his match in the early hours of this morning – after being confronted by a 2ft snake.

The fire service have extinguished a car fire in Yaxley.

Firefighters have tackled a car fire in Mellis Road in Yaxley, near Eye.

Drink drive campaign catches 102 drivers.

Essex Police arrested 102 drivers in the county during its June campaign.

Train delay after passenger pulled communications cord.

The 2.30pm London Liverpool Street to Norwich train has been delayed after a passenger pulled the emergency cord.

Thunderstorm at Aldeburgh.

The Met Office has issued a yellow warning of “isolated heavy, and possibly severe, thunderstorms” and “some torrential downpours” for tomorrow.

Most read

Most commented

Topic pages