19 Monitoring of Economic Development of Corporate Recovery Plan PDF 291 KB
To receive an update on the Economic Development aspect of the Corporate Recovery Plan.
Minutes:
The economic development section of the Corporate Recovery Plan (CRP) was presented, along with an overview of each section of the plan. Various lessons that had been learned from the ARG process were being applied to the CRP.
The Staines Business Improvement District ballot was due to close at the end of March 2022. It was hoped that this would garner the support of local businesses due to the additional resources that it attracted.
The proposed popup shop was discussed. There was limited vacant space in the Elmsleigh Centre. There were also various considerations for landlords which limited their interest in supporting a popup shop in particular energy usage and the accrual of business rates whilst a premises was occupied.
It was hoped that some business operators would be welcomed to a future Economic Development Committee.
An update on the Spelthorne Business Hub and associated incubator would be considered at a future meeting.
The Committee noted the report.