Strategy drawn up to promote Nuneaton and Bedworth as a business base

Nuneaton and Bedworth Borough Council is compiling its Economic Development Strategy to prove to businesses that the borough is the place to work.

And a key part of that strategy is a Local Discount Scheme offering discount Business Rates to businesses and start-ups either locating to or expanding in the borough.

The Economic Development Strategy, currently in draft format, is drawn from ongoing stakeholder and employer research and will give the borough the flexibility required to help businesses with the key challenges facing them.

The associated Action Plan will plot the involvement that Nuneaton and Bedworth Borough Council's officers, along with stakeholders from the wider business community, will use to boost productivity within the borough. It will also offer residents better opportunities through future employment potential.

The strategy will complement the Borough Plan, which is currently in a submission version, and will provide developers and residents with information on where and how permitted development can take place.

The Local Discount Scheme offers a discount in business-rate payment in order to create local jobs. To be considered for the discount the applicant needs to be a new business setting up in the borough, an existing business relocating to the borough or an expanding business within the area.

Cllr Danny Aldington, Nuneaton and Bedworth Borough Council's portfolio holder for Planning and Development, said: “I encourage all businesses to consider Nuneaton and Bedworth Borough when looking to set up or expand operations. We believe that the borough is the place of choice to live, work and visit and we aim to help your business to grow and flourish together.

"With our new Economic Development Strategy and Local Discount Scheme, we are offering businesses the opportunity to realise their potential within Nuneaton and Bedworth Borough through a flexible Strategy and cost-saving Local Discount Scheme.”

More details on the Local Discount Scheme and the application form can be found through the borough’s website, www.nuneatonandbedworth.gov.uk and searching for the Local Discount Scheme in the search bar. If you have any queries please contact either (024) 7637 6490 or econdev@nuneatonandbedworth.gov.uk