Wednesday
04
June
Enterprise hub closes its doors
04/07/2023 @ 11:53
A hub for entrepreneurs and business people in Newtown is closing its doors after funding for ceased.
The Newtown Enterprise Hub at the Royal Welsh Warehouse (Pryce Jones Building) launched in 2019 and its bosses say it is closing until they can find a new funding stream.
It was launched with support from the Welsh Government and European Regional Development Fund and operated by Business in Focus. It was part of a network of hubs throughout Wales which bosses say have created more than 200 jobs and invested more than £500,000 into local enterprise.
In a statement, Business in Focus said: "More recently and thanks to remote working, Focus Newtown Enterprise Hub opened additional space to create strong co-working, networking and room hire facilities so that those without an office space, in need of a meeting room or established businesses looking for remote workspaces for their teams had a local place to work from."
Holly Jones, Hub Manager at Focus Newtown Enterprise Hub, said: “We have achieved some absolutely incredible things at the Hub over the last four years. From our launch back in 2019, moving online to continue supporting entrepreneurs through the pandemic, running our Christmas Markets and Spring Markets, our She Can Start conference series to inspire more women to start a business, and watching businesses launch, thrive and grow thanks to our offering. The whole Team would like to thank everyone for their support and we’re excited to see what the future brings.”
Business in Focus Chief Executive, Phil Jones added: “The Enterprise Hubs across Wales have been such a success and have been key to bringing business advice and support to more rural areas. Focus Newtown Enterprise Hub has provided considerable support to entrepreneurs before, during and after the pandemic, and with a strong foundation in the local community. The fantastic co-working and meeting room facilities have been available to those who looking to move away from full-time home-working, and those launching their business and in need an address to work from.”
Entrepreneurs and business owners across Wales can still access Business Wales advice, support and fully funded services directly through its website: businesswales.gov.wales.
The Newtown Enterprise Hub at the Royal Welsh Warehouse (Pryce Jones Building) launched in 2019 and its bosses say it is closing until they can find a new funding stream.It was launched with support from the Welsh Government and European Regional Development Fund and operated by Business in Focus. It was part of a network of hubs throughout Wales which bosses say have created more than 200 jobs and invested more than £500,000 into local enterprise.
In a statement, Business in Focus said: "More recently and thanks to remote working, Focus Newtown Enterprise Hub opened additional space to create strong co-working, networking and room hire facilities so that those without an office space, in need of a meeting room or established businesses looking for remote workspaces for their teams had a local place to work from."
Holly Jones, Hub Manager at Focus Newtown Enterprise Hub, said: “We have achieved some absolutely incredible things at the Hub over the last four years. From our launch back in 2019, moving online to continue supporting entrepreneurs through the pandemic, running our Christmas Markets and Spring Markets, our She Can Start conference series to inspire more women to start a business, and watching businesses launch, thrive and grow thanks to our offering. The whole Team would like to thank everyone for their support and we’re excited to see what the future brings.”
Business in Focus Chief Executive, Phil Jones added: “The Enterprise Hubs across Wales have been such a success and have been key to bringing business advice and support to more rural areas. Focus Newtown Enterprise Hub has provided considerable support to entrepreneurs before, during and after the pandemic, and with a strong foundation in the local community. The fantastic co-working and meeting room facilities have been available to those who looking to move away from full-time home-working, and those launching their business and in need an address to work from.”
Entrepreneurs and business owners across Wales can still access Business Wales advice, support and fully funded services directly through its website: businesswales.gov.wales.
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