SUPPORTING LOCAL BUSINESSES
Watford is an outstanding place for business and a dedicated hub will encourage economic growth, innovation, and entrepreneurship.
What the hub could offer
⦿ an innovative, adaptive spaces for small and medium sized business’s including young entrepreneurs and startups
⦿ programmes of support, such as access to equipment, business networking, business guidance, training, mentoring and funding opportunities
⦿ all-encompassing business incubation packages of support to ambitious early-stage creative technology businesses
⦿ delivery by an experienced operator
What the hub could deliver
⦿ boost Watford’s economy and improve employment rate
⦿ enhance business survival rates
⦿ provide attractive work opportunities for young people
⦿ create a sense of place
⦿ increased footfall to the town centre
HOW WILL
THE HUB BE INNOVATIVE?
Business hubs create environments where support can be provided for growing or budding businesses.
Startups and businesses in their early stages leverage the knowledge and expertise of other businesses, meeting like-minded people, accessing business advice and services and potentially creating a centre of excellence for a given sector.
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By providing office space and facilities, combined with networking opportunities and advice, business hubs offer a way of supporting new ventures through the tricky early stages.