Venture House is a ‘one stop shop’ for business support.
Venture house offers local businesses a ‘one stop shop’ for business support which is designed to inspire the next generation of entrepreneurs and to help SMEs enter new markets.
It provides flexible and innovative co-working, office and meeting spaces to new and growing businesses. The Centre aims to provide the type of facilities and services that entrepreneurs and new businesses just starting out want and need, as well as supporting homeworkers and micro-businesses that wish to grow and make their first move into commercial premises.
Situated close to the town centre and major road & rail networks, Venture House offers free Internationalisation business advice & support, a staffed reception, free on-site parking and a secure cycle shed, Wi-Fi, refreshment facilities, a Chill Zone and lockers.
The project is intended to be a blueprint for other similar projects in the Stratford District where market failure has been identified.
Resources centre on funding for a building to house the business support facility. (£450k funding to transform old building) with the addition of hot desks, offices, meeting space and business support. In addition to a budget to hold regular workshops, events and one-to-one sessions.
Evidence of success
Success and performance of activity at the centre is measured by growth in relation to the number of direct and indirect jobs created including apprenticeships.
Performance is reported quarterly to the Coventry and Warwickshire Local Enterprise Partnership Growth Deal Programme Delivery Board who have supported funding for the project.
The project has had 601 business engagements.
Potential for learning or transfer
This is easily replicable and showcases how different initiatives can be brought together under one roof.
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