Creating economic growth in Spelthorne, together!

Economic Growth

Staines is the startup business capital of the UK in ranking of business growth

15th November 2015

Spelthorne & Staines are the startup capital of the UK business growthWant to find Britain’s most entrepreneurial bunch? Head to Staines for highest startup business growth.

Perhaps otherwise best known as Ali G’s birthplace, Staines now has another claim to fame: The commuter belt town in Surrey has had the biggest jump in new businesses created per capita last year.

Some 43 more new businesses were created per 10,000 population compared to the year before, according to a study from accountancy group UHY Hacker Young. This is over three times higher than the UK average of 14.

Spelthorne Borough Council and Funding Circle announced the launch of the Local Business Lending Partnership.

Spelthorne Borough Council and Funding Circle announced the launch of the Local Business Lending Partnership.
9th November 2015

granthelpSpelthorne Borough Council and Funding Circle today announced the launch of the Local Business Lending Partnership.

Spelthorne Borough Council and Funding Circle today announced the launch of the Local Business Lending Partnership, a pioneering new scheme, to stimulate local economic growth and employment through improved access to business finance.

As part of the scheme, the Council will lend up to £300,000 directly to businesses based in Spelthorne using Funding Circle, the UK’s leading online marketplace for small business loans.

The Council will join thousands of British people already lending their money to small and medium sized businesses across the country. The government-backed British Business Bank and 11 other councils across the country (including Newcastle County Council, Camden Council and Nottingham County Council) have also signed up to lend money to businesses through Funding Circle.