Posts Tagged ‘Enterprize Zone’
Enterprise Zone Jobs Bonanza
Ambitious plans to create an enterprise zone in Birmingham could lead to the creation of 50,000 new jobs. Business leaders have predicted that the enterprise zone could raise up to 700 million for the region. 
The plans to create the zone have been set out by Local Enterprise Partnership chairman Andy Street. Businesses will be encouraged to move into the area with the promise of a reduction in taxes for upto 5 years. Its it believed that the enterprise zone will stimulate the local economy and provide much needed jobs for the West Midlands that has been blighted by the effects of the global economic crisis.
The proposed enterprise zone will cover a large parts of the city center including East-side and millennium point.
Birmingham Science Garden
Birmingham is set to get the UK’s first science garden according to the Welcome Trust. It we be built outside of Think Tank at Birmingham’s Millennium point. 
Scheduled to open in June 2012 visitors will be able to interact with outside exhibits and explore the principles of the word we live in.
Clare Matterson, from the Welcome Trust, said: “Birmingham’s Science Garden will be a permanent public space where children can explore their natural curiosity of science through play. As one of the original founders of Think Tank since its beginnings over a decade ago, we are pleased to support this project and hope that it will encourage more people to step inside and explore the many hands-on exhibits the museum has to offer.”
Work will begin on the site in August 2011 and cost a total of 2.6 million pounds.
Birmingham Enterprise Zone
A submission has been made to the government for the creation of an enterprise zone in Birmingham. 
The Chancellor has earmarked Greater Birmingham as one of 21 areas that will benefit from an enterprise zone in his budget speech last month.
The plans were outlined yesterday at Local Enterprise Partnership meeting and include a second phase to create an enterprise belt covering the remaining area of the LEP.
Bridget Blow, chair of Greater Birmingham and Solihull LEP, said the plans make “a compelling business case for government to grant out proposals for creating both an enterprise zone and belt.”