Warwickshire celebrated the successes of its high growth businesses at a special event at The Old Shire Hall in Warwick last week.
Mayor of the West Midlands and Chair of the West Midlands Combined Authority, Andy Street, joined Leader of Warwickshire County Council, Councillor Izzi Seccombe, to congratulate and acknowledge the achievements of a number of the county’s small to medium sized businesses who had been invited to the networking event.
The event was held in the magnificent historic surroundings of the Grade I listed The Great Hall at The Old Shire Hall venue on Northgate Street, in the heart of Warwick.
Formerly used by her Majesty’s Court Service as the County Crown Court, and with a heritage dating back to the 15th century, The Old Shire Hall is now a unique conference, weddings and fine dining venue managed by Warwickshire County Council, with a track record for hosting high profile civic events and successful business networking events.
Warwickshire County Council has awarded £1.34 million in grants to businesses all across Warwickshire in the past 3 years, leading to the creation of 104 new jobs and enabling start-up businesses in the county to invest in the facilities, equipment and skills that they need to grow.
According to global innovation foundation NESTA, just 6% of high growth firms are responsible for 50% of employment growth.
Ten businesses that have received Small Capital Grants from the Council’s Capital Growth Fund, who between them are expecting to create 48 new jobs and apprenticeships, featured in a short film that was shown at the event.
The film promoted the work of the businesses, highlighting the help and support they have received from Warwickshire County Council, working with partners, and the difference this has made to them and the local economy.
Councillor Izzi Seccombe spoke to delegates about the importance of local high growth businesses to the development and continued vibrancy of Warwickshire’s economy, and underlined Warwickshire County Council’s support for the SME business community.
Mayor Andy Street spoke about the West Midlands Combined Authority’s support for high growth businesses and what this means for Warwickshire.
Councillor Izzi Seccombe said: “Warwickshire is full of so many diverse and interesting businesses, and Warwickshire County Council is committed to helping our business community to maximise their potential.
“At the event, we celebrated some real success stories of companies that have benefited from our small business grants scheme, and looked at what more we can do to help support our small businesses to grow and prosper.
“I was delighted that I was joined at The Old Shire Hall by Mayor of the West Midlands, Andy Street, to acknowledge the impact of Warwickshire businesses on the regional economy.”
The event was also attended by representatives from the county’s professional services and regional CEOs, such as Nigel Maris, Managing Director of Assembled Electronic Solutions in Stratford-on-Avon, who said:
“I was delighted to attend the event in this really exciting and interesting venue. The more we get the SMEs together and get the networking going, the more we can really leverage all the engineering expertise in the area.”
The event was organised by Warwickshire County Council to promote Warwickshire as a fantastic place to do business to significant regional influencers.