A north-Norfolk Enterprise Zone site is providing well-connected and supportive business space for start-ups.
Scottow Enterprise Park, which forms part of New Anglia Local Enterprise Partnership’s ‘Space to Innovate’ Enterprise Zone, is now home to 19 new start-ups – averaging around one business start-up every three months since opening.
As well as offering a range of office and workshop space, Scottow Enterprise Park is home to a programme of training and support including start-up masterclasses and monthly enterprise open days. It also has a start-up hub where businesses operating for less than six months can work closely together to share ideas.
One of the start-ups based on the Park is Mentality Matters, which provides education, action planning and implementation advice on mental health wellbeing in the workplace.
Leigh Saunders of Mentality Matters said: “Starting a new business presents many challenges so having the support of Scottow Enterprise Park is a massive help.
“The support with office space and infrastructure is invaluable for a fledgling business like Mentality Matters. The advice, training and collaborative nature of the start -up hub has equipped me well to meet many of those challenges.”
Rebecca Patterson, business manager at Scottow Enterprise Park, said: “Scottow Enterprise Park has many factors which appeal to start-up businesses.
“We can offer 100% Non-Domestic rate relief for five years from the point of occupation and bespoke business support provided by both our on-site team and by the Innovation New Anglia team, based at Hethel Engineering Centre.
“Most importantly, start-up businesses benefit from being part of a growing STEM-focused community.”
Scottow Enterprise Park now has 126 buildings and 533,500 sqft of space. It is home to 93 businesses.
The Park is one of ten sites which form New Anglia LEP’s ‘Space to Innovate’ Enterprise Zone – all offering discounted business rates, simplified planning and access to Superfast broadband to new and expanding businesses. The LEP aims to create 18,500 jobs in the 25 year lifetime of the zone, including 5,000 by 2021.
To date, businesses on the Space to Innovate Enterprise Zone have created 205 new jobs and unlocked £7.5million of private sector investment.