This April marks the second anniversary of the Space to Innovate Enterprise Zone. The video below tells the story of how three businesses have benefited from sites with Enterprise Zone status:
To date, over 50 businesses have relocated to sites within this zone and thrived, delivering 247 new jobs and attracting more than £9m of private sector capital investment.
Ten sites across Norfolk and Suffolk form the Space to Innovate Enterprise Zone, offering new and expanding businesses a range of benefits including discounted business rates, simplified planning and access to superfast broadband.
Doug Field, Chair of New Anglia LEP, said: “Inward investment plays a key part in Norfolk and Suffolk’s Offer to the World, one of the themes of the region’s Economic Strategy. Our Enterprise Zones are a vital part of that offer. Each site offers a range of benefits to new and expanding businesses, but also opportunities to take advantage of high quality infrastructure and clusters of industry sector expertise.
“I’m delighted to see these sites allowing local businesses to grow. These sites have already delivered excellent results for job creation and private investment, with the promise of much more to come.”