Government recognise Mansfield's growth in business
Mansfield District Council has been awarded £700,000 by the Local Authority Business Growth Incentives Scheme (LABGI) in recognition of the growth of businesses in the district.
The grant is awarded by the Department for Communities and Local Government on the basis of the return of business rates.
Statistics released by the Office of National Statistics reveal a 20% increase in the number of jobs in the Mansfield District in the eleven years to 2006 (i.e. there were 30,530 people employed in Mansfield in 1995 compared with 38,400 in 2006).
Mansfield District Council has been proactive in the growth of business in the district, with schemes including:
- Inward investment scheme – working with companies to help them move and expand as well as promoting the district across the UK. The District Council receives more than 300 enquiries each year from companies looking for land and/or premises.
- Physical Regeneration Projects including neighbourhood incubation units, which provide small office and workshop units for growing and start up businesses to larger business parks including Arrival Square and i2 development at Oakham Business Park providing space for bigger businesses. The council has been the lead partner in these facilities by successfully securing millions of pounds in funding from both national and European sources.
- Local Enterprise Growth Initiative (LEGI) in conjunction with Ashfield and Bolsover District Councils providing a range of services such as: Bizz Fizz advisors in Mansfield Woodhouse and Warsop, who work with people who want to start their own business and the Enterprise Academy Project with local schools teaching pupils enterprise skills that will allow them to be more productive employees or even, to start their own business in the future.
Councillor Kate Allsop, Mansfield District Council's Portfolio Holder for Regeneration commented: "I welcome this grant from the Local Authority Business Growth Incentive Scheme."
"This is a clear indicator of the regeneration of business in the District and is a testament to the work carried out by Mansfield District Council in supporting local business and helping businesses to grow."