The city of Hull, 2017’s City of Culture, has hit the news again after being recognised by the government for its enterprise and economic growth.
At the recent Enterprising Britain Awards, Hull was named the Most Enterprising Place in Britain in light of the city’s varied approach to incentivising and supporting entrepreneurs and businesses, in particular via a successful four-year programme to help encourage local business startups and growth.
The programme, known as the City Plan for Hull, has helped get 6,800 more people into work compared with 2011 rates, focusing in particular on helping economically excluded groups find employment. Another key initiative mentioned by officials included the£25.7 million Greenport Growth Programme, which aims to capitalise on opportunities in the renewables sector.
Small business minister Margot James commented: “Small businesses are vital to our economy and Hull is a great example of how the right support can have a huge effect on helping them to start and grow.”
The city was also recognised for its investment in education and training, scooping an Improving the Business Environment award for schemes such as the Hull Youth Support Trust, which has converted an old council building into a dedicated place for young entrepreneurs and businesses to thrive.
Hull, which has recorded growing levels of innovation and investment in recent years, continues to attract the interest of businesses and workers. Comparatively low house prices compared with other areas in the country, rich culture and emerging enterprise make Hull an enticing place to live and work.
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