New business centre officially namedPublished Friday 6 September 2019
A new office development which will help expanding businesses develop and prosper has been officially named.
The project, originally given the working title ‘Grow on Space’ was funded by Harborough District Council with support from the European Regional Development Fund (ERDF) and the Leicester and Leicestershire Enterprise Partnership (LLEP).
Construction of the new offices, in partnership with Willmott Dixon, started in 2018 and was prompted by a strong requirement for growing SME, (Small to Medium Enterprise) businesses looking for commercial space to expand and who wanted to stay within Harborough District.
The Harborough Grow on Centre, (HGOC), based at Compass Point Business Park, off Northampton Road in Market Harborough, is expected to create 230 jobs and bring £20million into the District economy.
Cllr James Hallam of Harborough District Council, portfolio holder for Strategic Assets and HGOC, Said “Having an innovative commercial business facility like this is a great boost for Harborough District’s economy and it will provide opportunity for businesses to grow and prosper.”
Cllr Phil King, Leader of the Council, said: “The name has been chosen to reflect the growth of business within Harborough District. We are looking forward to welcoming companies and supporting them as they grow and develop.”
HGOC follows the success of the Harborough Innovation Centre, which Harborough District Council developed and opened in 2011, to provide office space for start-up and new businesses.
For further information regarding letting an office within the Harborough Grow on Centre please contact Andrew Granger & Co Ltd commercial department on 0116 242 9938.
Notes to Editors
European Regional Development Fund
The project is receiving £3,282,500 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Ministry of Housing, Communities and Local Government (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding.
The Leicester and Leicestershire Enterprise Partnership (LLEP)
The LLEP is a strategic body led by a Board made up of local government and business leaders as well as senior education and third sector representatives.
The LLEP’s remit is to drive forward regeneration and growth of the local economy, by:
- Working with Government to set out key investment priorities for Leicester & Leicestershire
- Engaging with business, local authorities, Higher Education, Further Education, the voluntary sector and other stakeholders
- Facilitating local partnership working and relations with national Government
- Influencing national Government economic policy and spending
- Investing LLEP funding and aligning partner resources
- Through its investments, influence and activities ensure positive outcomes for the local economy
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