RUGBY’S expansion is having a positive knock-on effect for start-up businesses in the area.
The borough saw a 12.6 per cent rise in the number of new businesses established last year compared to the previous 12 months – at a time when there was a slight drop nationally.
Out of the 326 English districts, Rugby sits ninth for start-up activity in business – and Craig Humphrey, managing director of Coventry and Warwickshire Local Enterprise Partnership’s Growth Hub, said the improvement is testament to the improving image of the town.
The former leader of Rugby Borough Council said: “Rugby is growing and is fast becoming a real gem in the crown for Coventry and Warwickshire.
“There is a great deal of development and Rugby is making the most of its links to the sport with the creation of the new World Rugby Hall of Fame. That is really helping perceptions.
“These are stats we should be proud of, but we must not rest on our laurels and we at The Growth Hub are here to support fledging businesses to survive and thrive as well as assisting the range of established businesses in Rugby.”
Caldecott ward saw the biggest leap in the number of start-up businesses with New Bilton, Newbold and Brownsover North also seeing a strong increase.
The top three industries for business start-ups are real estate, professional services and support activities.
Mr Humphrey added: “We can signpost businesses towards a whole host of support available, while bodies such as the Chamber and Federation of Small Businesses also have a strong history of supporting companies in and around the town.
“It’s a very positive story for Rugby right now and one we are delighted to be part of.”
