AN initiative to allow more new businesses to set up in East Durham is celebrating its first anniversary this month, having made room for eight new businesses, bringing more than 20 jobs to the area.
The East Durham Development Agency's (EDDA) Business Centre in Peterlee helps businesses to start up as part of its job creation goal.
The agency recognised an unmet need in East Durham for small premises with flexible terms in a central location, that would attract more small businesses to set up in the area.
EDDA got together with Helical Properties last year and secured part-financing from the European Regional Development Fund to provide asolution.
The two firms were able to completely redevelop 13 units on the North West Industrial Estate, ranging from 600 to 1,750 sq.ft, to provide quality workspace in the heart of Peterlee's business community, with direct access to the A19.
Since its official opening by John Cummings, MP for Easington, last August, the centre has attracted eight small firms to its easy-in easy-out terms, which are more suited to young or small businesses.
EDDA is particularly encouraged that the Business Centre has provided
homes for four new start up businesses that have been set up in the last year by local entrepreneurs, each specialising in very different industries.
One such example was the Centre's first tenant, Peterlee Computer Systems, established by Peterlee businessman John Quinney and computer expert Mark Harburn.
As well as being the first company to set up in the EDDA Business Centre, PCS was the first company in Peterlee dedicated to building and supplying personal computers and it has since become a popular supplier both to local businesses and residents.
PCS has since been joined by another new firm, HTS Engineering, set up by South African entrepreneur, Gary Bragman.
The business, which specialises in the manufacture, fitting and servicing or hydraulic hoses for a variety of industries, set up in a 600 sq.ft unit in May this year, after receiving help from EDDA to secure an Enterprise Allowance Scheme grant.
The company has had a promising start with ongoing work for some of the region's major manufacturers.
With around 22 jobs now based at the Centre, most of them new, EDDA chief executive Ken Greenfield is pleased with the progress so far.
He said: "We must do all we can to encourage businesses like these to set up and grow in East Durham. Small businesses create jobs and make positive contribution to the local economy and community.
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