Coast to Capital LEP welcomes Government backing for home-based businesses
26 August 2014
Coast to Capital, the Local Enterprise Partnership for West Sussex, Croydon, Brighton & Hove, Lewes and the Gatwick Diamond has welcomed the announcement by Government that budding entrepreneurs will be given greater freedom to start and grow a business from their homes.
The LEP had been lobbying Ministers to recognise that home-based working is a substantial part of the rural economy and chief executive Ron Crank was delighted by the new measures announced by Business Minister Matthew Hancock in London on Friday.
Coast to Capital believes that more business start-ups will both create jobs, boost economic growth and that the Government announcement will encourage the tens of thousands of home businesses in the region and 2.5 million businesses nationwide to expand.
Mr Crank said: “There are many businesses in our region that started out in kitchens, spare bedrooms or garages and it’s important the Government creates the right conditions to allow the next generation of entrepreneurs to set up home-based businesses.”
“The Coast to Capital region has a high percentage of people working from home and these reforms will help make things easier for those who have started their own businesses and will lead to the creation of more jobs and growth for the Coast to Capital region long into the future.”
“The increase of internet trading and improved broadband connections in the region also indicates that there has never been a better time to take the leap and I look forward to seeing the next generation of successful new businesses emerging over the coming years.”
The importance of this issue was reinforced by a research study of skills and enterprise in rural West Sussex that revealed 6,500 jobs were created in the area over a five year period, largely due to an increase in home workers. There are estimated to be around 8,000 home-based businesses within the Horsham District alone.
Chris Baister, economy and enterprise manager at Horsham District Council, added: “For more than a decade Horsham District Council has played a significant part in raising the profile of home businesses and has supported them through organising annual Microbiz events. We welcome this move from government that will shine a spotlight on what is an important and growing sector of the economy.”