Chesterfield traders to benefit from £10k investment

Chesterfield has been successful in its bid for a £10k grant from the government for a Town Team Partner project. The bid, which was put forward by Destination Chesterfield and had the full support of the town’s MP, Toby Perkins and Chesterfield Borough Council was in response to the earlier unsuccessful bids for the Portas Pilot initiative.

Peter Swallow, Chair of Destination Chesterfield said “This is excellent news for Chesterfield, the £10,000 funding will be added to £20,000 generated by the Chesterfield Champions scheme to launch ‘Incubation Street’, a new business start up scheme for Chesterfield. These are exactly the types of initiatives Destination Chesterfield and the Chesterfield Champions Scheme were set up for and we thank them all for their contributions which will go towards supporting the growth of the next generation of businesses in Chesterfield.”

The idea behind ‘Incubation Street’ project is to support and mentor new, independent traders, including market traders, to grow their business from initial set-up on Chesterfield market through to establishing a small retail unit in the town. The scheme already has the support of the Chesterfield Champions, a group of local businesses who help promote the town offering mentoring and financial support.

Now that funding has been approved the project will develop further ideas including encouraging more flexible leasing arrangements with landlords, providing one to one mentoring and sharing best practice, promoting entrepreneurial skills based training through education providers and a further roll out of the Chesterfield Ambassadors Scheme to help promote the positive aspects of the town.

Toby Perkins, the local MP, said: “I passionately believe that as an historic market town, independent traders and small businesses are a vital part of our local economy. I am delighted to have been given the opportunity to contribute to the campaign to secure this investment. I know that the ‘Incubation Street’ project will target this small amount of money to where it will make the biggest difference.”

Councillor John Burrows, Leader of Chesterfield Borough Council said: “This is great news for Chesterfield and for those businesses looking to step up a gear and establish a more permanent presence in the town centre. “

For more information on the Chesterfield Champions scheme and how you can get involved in supporting the growth of the town visitwww.chesterfield.co.uk

Source:Destination Chesterfield

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