Suffolk businesses to benefit from new £1m fund from local councils

PUBLISHED: 10:47 10 August 2017 | UPDATED: 10:47 10 August 2017

Haverhill Research Park is one of the first areas to benefit from the new initiative. Picture: PHIL MORLEY

Haverhill Research Park is one of the first areas to benefit from the new initiative. Picture: PHIL MORLEY


Local businesses are set to benefit from a new £1m fund aimed at boosting specific projects across the county.

The fund has been set up by the county’s major councils and the Police and Crime Commissioner to put some of the money raised from commercial rates back into the world of business.

It will be used to support specific projects with marketing schemes and training people to help businesses grow using that the government is diverting to local authority control.

Suffolk’s public sector leaders have come together to administer the fund across the whole county – but the first two projects to benefit are in the west of the county.

Examples of the kind of work that will be supported include an expansion of the Cambridge Norwich Technology Corridor programme, an initiative that seeks to capitalise on the £120 million dualling of the A11 by promoting areas along the route as places to set up and do business.

There is a particular focus on targeting the technology and creative industries, because of the access to Cambridge and Norwich where these industries are strong.

Suffolk sites currently being promoted include Kings Warren Business Park in Forest Heath and Haverhill Research Park, Haverhill.

Jennie Jenkins, chair of the Suffolk Public Sector Leaders group, said: “We have a very varied and vibrant economy in Suffolk, but we need to do all we can to keep it growing and thriving.

“That’s why we’ve agreed, as public sector leaders, to invest this money in projects and programme that will boost local business and skills. When we work together, we can deliver bigger investments like this and achieve so much more for Suffolk.”

Other projects which have benefited from business rates funding include local bridges, the eastern relief road near Bury St Edmunds and Suffolk’s film and technology industries.

At the same time, the leaders also agreed a new project to improve the way each organisation deals with enquires from members of the public.

The programme, which will work to reduce duplication and make it easier for people to get the help they need first time, will bring the nine organisations even closer together to improve efficiency and levels of customer service.


Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files

Please log in to leave a comment and share your views with other Bury Mercury visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Bury Mercury staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Bury Mercury account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Other popular content

20 minutes ago

A new Mitsubishi dealership is coming to Ipswich - to the former Marshalls Jaguar site in West End Road.


The new health secretary will pledge a major funding package to transform technology in the NHS during a visit to West Suffolk Hospital today.

2 minutes ago

It is one of the most beautiful sights of nature which many wildlife lovers thought they would never see again.

22 minutes ago

Ipswich Town are interested in signing Tom Bradshaw and Ellis Harrison as potential replacements for Martyn Waghorn, according to national reports.

Local weather

Partly Cloudy

Partly Cloudy

max temp: 25°C

min temp: 17°C

Show Job Lists

Newsletter Sign Up

Bury Mercury weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy

MyDate24 MyPhotos24