Decision details

Agreed

That the:-

(1)          the City Council to continue to fund business support for embryonic, new and existing businesses to provide opportunities for individuals to secure the means of improving their financial position and promoting job creation, at a cost of £42,000; and

(2)          authority be given to officers within Economy  to negotiate a service level agreement for 2015 – 2016, following a contract advertisement, for the continued delivery of services outlined in the report under the banner of Exeter Business Support.

Reason for Decision:

To ensure that there is fit for purpose business support, advice and guidance for the residents of the city to gain free advice and guidance on setting up a new business, and improving the prospects of an existing business.  Without a dedicated support, business start-up and survival rates could fall in Exeter.