Parity Trust welcomes new enterprise zone at former HMS Daedalus site
Author: kim@paritytrust | Published: 18th August 2011 11:32 |
The announcement that the former HMS Daedalus site will become an "enterprise zone" under the governments policy to encourage business growth in the Solent region was warmly welcomed by Parity Trust (formerly South Coast Moneyline) CEO Simon Frost today.
Parity Trust, a finance institution which serves to support the economic regeneration of the area, provides loans and investments to home-owners and social enterprises (not-for profit business and charities). Simon Frost commented:
"We look forward to helping social entrepreneurs to make the most of this opportunity for the region. It's important that as a community we help social enterprises and indeed SME businesses to start up and expand on the site, rather than it becoming a place where existing businesses transfer to for cost reasons, as has happened in other parts of the country.
This is one of the areas that should be explored by the Solent Local Economic Partnership.
Parity Trust can provide financial investment and we are keen to work with partners to make this a reality. Economic regeneration of this area can only assist in helping business growth, contributing to increasing prosperity in the medium to long term."
For more information about the products and services Parity Trust offer, visit www.paritytrust.org.uk
Report this article as inappropriate
Comments
You need to log in before you can do that! It's only a quick registration process to join the AMA network and completely free.