Helping hand for new businesses

OLDHAM Council has moved to support new businesses to help improve the borough’s economic regeneration.

It has awarded contracts to three organisations so they can provide business support to groups and individuals.

The authority has joined Rochdale Council to deliver the Intensive Start Up Support (ISUS).

It is a three-year European Regional Development Fund (ERDF) project aimed at supporting people considering setting up a business, improving survival rates and contributing to increased levels of enterprise activity.

The project will address regional and local economic priorities, targeting women, ethnic groups, people under notice of redundancy, people aged 50 plus and ex-offenders.

The Prince’s Trust, Kashmiri Youth Project and Blue Orchid will run the project.

It will be managed by the Oldham Partnership support unit, which has extensive experience of managing European Union-funded projects and programmes.

The allocation from the NWDA also provides a 2.5 per cent levy that will fund the management of the programme for its three years.


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