Partly Cloudy

Partly Cloudy

max temp: 24°C

min temp: 15°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

Wayne Leech and Mark Ripper with soap star Gemma Atkinson at the Slimming World Man of the Year awards

Two Suffolk men have shed a total of more than 21st in little over a year – and been named among the country’s top male slimmers for 2015.

The scene after a raid at the Costcutter supermarket in Woolpit.

Crooks used a stolen JCB Digger to smash into a supermarket and steal a cash machine thought to have contained thousands of pounds in a ram raid in Suffolk.

Police were called to reports people were believed to be hunting with dogs in a field close to Bury Road, Barnham at 11am on Friday.

Four men and a teenage boy arrested in connection with hare coursing in Suffolk have been charged, police have said.

Rural crime has been falling in Suffolk and across East Anglia.

New figures show a significant fall in the level of rural crime across the region – but there are significant differences between Suffolk and Essex.

Police, paramedics and firefighters were called to the A1088 in Honington following the collision on the westbound carriageway at 9am.

A man has died after a lorry and a car were involved in a crash in Suffolk today.

Labour leadership candidate, Caroline Flint, visits Roundwood Bowls Club in Ipswich.

Two of the candidates hoping to become Labour’s next deputy leader visited Ipswich at the weekend – and another is due in town tomorrow.

Millions have been paid to passengers since 2012

There was a £900,000 increase in the amount paid to delayed passengers in just one year – from £1.4m in 2013/14 to £2.3m in 2014/15.

Officials hope that the rebuilt museum could be open to the public in 2019 or 2020.

Plans for a £23million expansion of Ipswich Museum look set to win a major boost, the Star can reveal.

Officials hope that the rebuilt museum could be open to the public in 2019 or 2020.

Plans for a £23million expansion of Ipswich Museum look set to win a major boost, the Star can reveal.

An 
Abellio Greater Anglia train.

The number of trains run by Abellio Greater Anglia that arrive on time has fallen again.

Most read

Most commented

Topic pages