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Schemes to help local businesses delivered by a partnership between Greater Peterborough Investment Agency and Business Link are generating growth and prosperity, company managers were told at a meeting this week (Thursday 10 April 2003).

Stephen Hampson, chief executive of Business Link for Cambridgeshire, told a meeting of almost 100 business people organised by Greater Peterborough Investment Agency (GPIA) that the two organisations together are helping local companies in a wide range of areas.

Business Link itself assisted more than 750 Peterborough businesses in the past year, helping them to tackle issues such as strategic planning, workforce development and opening new UK and export markets.

Steve Robertson, Business Link's business advisor manager, presented case studies of local companies that have benefited from the organisation's assistance. These included Mailtech, which Business Link helped with strategic development that led to the launch of a new subsidiary, and Almac Engineering which Business Link assisted with workforce training and introduction into new markets.

Companies are often introduced to Business Link through GPIA's Investor Development Service, Marija Lysak of GPIA told the meeting.

"Although GPIA's primary role is to attract new companies into the area, it is vitally important to look after them once they are here," she said. "The Investor Development Service focuses on these newly arrived businesses but also assists established companies that may have been here for many years.

"We talk to businesses to establish what opportunities they see for the future and any barriers which are preventing them achieving these. We then make them aware of the business support services available to help with these specific issues and can refer them to appropriate partners such as Business Link.

"Areas where we may be able to assist range from identifying available grants and loans through to recruitment, training and finding appropriate property to permit business expansion."

Executives from two local firms MITIE Scotgate and Nene Valley Foods gave the meeting examples of the way in which GPIA had been able to help their businesses develop. In one case this was by assisting with development of purpose-built premises and in the other by finding a partner organisation willing to make a substantial investment in providing an essential support service.

Marija concluded: "We are committed to ensuring that local businesses prosper and grow."

GPIA's Investor Development service can be contacted on 01733 404390 or visit www.positivelypeterborough.org 

April 2003

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Contact:
Bill Agnew/Marija Lysak
Greater Peterborough Investment Agency
Tel: 01733 404390

GPIA

Positively Peterborough

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