Entrepreneurs in the West Midlands are set to benefit from a government-funded programme aimed at boosting business survival rates and enterprise within the region.
The region’s Business Link service has unveiled its ‘specialist enterprise providers’ in a bid to create over 2,250 new companies and add £75m to the local economy.
Enterprise Central, Business Insight, Black Country Small Business Service, Business Enterprise Support and Eastern Region Enterprise Consortium will work together to provide advice and guidance to potential entrepreneurs and promising young companies.
“It is common knowledge that, as a region, we need to create a more dynamic enterprise culture and this is another important step down the line to achieving it,” explained Jill Parker, enterprise director at Business Link West Midlands.
“In layman’s terms we want to give everyone in the region, who is serious about starting a business, the chance to do so by listening to their requirements, providing the right advice when they need it and making sure we follow them from that ‘germ’ of an idea to when they start trading and even into their 25th anniversary. Quite simply, we have to boost survival rates to 75%.”
The five enterprise providers are to start delivering enterprise support immediately. Business Link West Midlands will also announce a further three sector specific support agencies.
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