£2m next step to aid Springboard fliers
WORK on a £2m development to house businesses that have outgrown the innovative Springboard Business Centre in Stokesley has begun.
The purpose-built unit on the town’s business park will create office space in seven individual suites - all supported by the services at Springboard.
Opened almost two years ago, Springboard provides state-of-the-art incubator-style workspace for new and fledgling businesses.
The 20 business suites, which currently house 15 companies, are based around a common atrium and supported by meeting rooms and on-site business support services.
That support service is also available for businesses across Stokesley and the surrounding area.
But companies can only stay at the centre for about three years. Once they have been nurtured into successful companies they must move on to bigger premises.
“With Springboard full and interest from prospective tenants strong we decided we must look to build upon its success,” said Councillor Tony Hall, cabinet member for prosperity.
“By developing the Springboard Grow-On project we can provide expansion space for the businesses nurtured by Springboard Business Centre and free up space for more tenants.
“And it will ensure that the businesses supported by Springboard Business Centre remain in, and continue to benefit, the area.”
Work on the site is scheduled for completion in April next year.
