Friday, July 25, 2014

News: Business Lounge suits growing Rotherham enterprises

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A Business Lounge has been established at Moorgate Crofts Business Centre in Rotherham to provide greater opportunities for new and growing businesses to co-work and network in this purpose-designed workspace.

Moorgate Crofts is one of four purpose built centres operated by Rotherham Investment & Development Office (RiDO). On the edge of the town centre, 54 office units, ranging from 9 to 51 sq m in size, have now been joined by a professional meeting space with IT suite including high-spec computers with Adobe graphic design software, plus tea and coffee making facilities. The Business Lounge can be booked free of charge and is available for use by any business or start-up in the Rotherham area.

Amanda Parris, business centre manager for RiDO, said: "This is a really exciting opportunity for businesses to meet, network and we are hoping it will become a hub for stimulating new business relationships. We responded to demand from local entrepreneurs who were looking for a professional meeting space where they can grow their businesses and work together with other like-minded people."

Paul Tomes, managing director of The Expo People, based in Moorgate Crofts, said: "It's a great place to meet up with business contacts in a relaxed environment. It's useful to have access to the graphic design software too. I'm sure I'll be using the Business Lounge many times in the future."

The centres, which regularly exceed its own targets of 85% of businesses surviving at least three years, has seen a number of companies moving on after experiencing rapid growth and requiring much larger premises, as happened with renewable energy business, Energy Max UK.

Henry Walsh, managing director of Energy Max UK, said: "We had a great start to our business at Moorgate Crofts, with all the support we needed in those important early days. It gave our business the right image and impression and we liked its central location and flexible contract structure. After just over a year at Moorgate Crofts, we have expanded and moved into new premises to cater for our business growth. I would definitely recommend Moorgate Crofts to any new or growing business."

The new Business Lounge was funded thanks to the European Regional Development Fund (ERDF) which RiDO also utilises to help local firms to expand internationally through the Growth and Prosperity in Rotherham (Soft Landing Zone) project.

RiDO Business Centres website

Images: RiDO

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