Solihull Borough has been named as one of the most successful places in the UK for helping new businesses survive the difficult two-year start-up period. Solihull Council’s ‘Enterprise for Success’ scheme offers free help to new businesses to develop their business plans, find commercial premises and access specialist training in areas of marketing, finance, tax and e-commerce. The scheme can connect businesses to the latest available funding, such as the Budget announcement of £30m of additional funding for start-up loans for entrepreneurs aged 18-20.
Commenting, local MP Caroline Spelman, said: “This is yet another good piece of news for Solihull Borough. I am delighted over this fresh accolade. I have also heard that Santander’s UK Town and City Business Index, an assessment of business competitiveness in the UK, has named Solihull as one of the top three towns for encouraging enterprise. This comes hard on the heels of the Sunday Times naming Solihull as one of the top places in the country for education. People all over the borough should be very proud of this national recognition.”