A BUSINESS enterprise centre in Potters Bar has been given the green light for a £250,000 makeover.
Funding from various agencies will pay for a new My Incubator service at the Wenta Enterprise Centre, in Cranborne Road.
The service will provide support for new firms and social enterprises in need of office facilities and there will be an adviser on hand to help with the early stages of setting up a business.
The service is free for successful applicants for the first three months while they develop their idea.
Chris Pichon, Wenta’s chief executive, said: “In such uncertain times, My Incubator provides a much-needed beacon of light for start-ups who are working hard to make their venture a success, but need expert guidance on the best way forward.
“These funds will transform the prospects for start-up businesses in Potters Bar and create a true centre for enterprise rather than just managed workspace.”
Cllr Morris Bright, leader of Hertsmere Borough Council and chairman of the Local Strategic Partnership, which will help fund the project, said: “The new facility in Potters Bar will be a valuable resource for start-up businesses, as well as the existing business community and future generations of budding entrepreneurs.”
The incubator hub will be able to support up to 14 start-up clients at any one time for up to 12 months.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here