New home for Bury St Edmunds-based Foundation East

Katy Ford, chief executive of Foundation East.
Photo: Si Barber

Katy Ford, chief executive of Foundation East. Photo: Si Barber - Credit: ©Si Barber - all rights reserved.

Suffolk Housing is to welcome another tenant at its new headquarters in Bury St Edmunds.

Foundation East, which supports business growth through loans for start-ups, small firms and social enterprises, is relocating from its current offices in Hillside Road to Coppice House, off Skyliner Way.

Its arrival on Friday this week follows that of Iceni Homes, a development company jointly owned by Suffolk Housing, which has already moved to Coppice House from its previous premises in Kempson Way.

Sue Philp, Suffolk Housing chief executive, said: “We are really pleased that Foundation East will be joining us at our new headquarters. Sharing the space with other local businesses was always part of our long-term plan for the building, as it enables us to keep our own costs down while also helping other companies to grow.”

Katy Ford, chief executive of Foundation East, said: “Coppice House provides a convenient, comfortable and inspiring place from which to work and welcome visitors, and we are really looking forward to moving in. A lot of thought has clearly gone into the way the building will work and how staff will benefit from the space.

“Relocating will enable us to grow further as a specialist in providing responsible finance to social enterprises and entrepreneurs, many of whom have faced their own challenges. As well as giving individuals the chance to make a difference, this also gives them the opportunity to develop their own business skills and contribute to the local economy.”