 Nigel Griffiths MP said the scheme puts Plymouth on the map |
A government minister has officially re-opened a former clothes factory in Plymouth which has been transformed into a series of small business units.Jaeger on Union Street shut five years ago with the loss of 250 jobs.
But now it has been refurbished and opened as 43 business units.
The Minister for Small Businesses Nigel Griffiths said the project was an example of the government's help for deprived areas.
In the short time HQ has been open it has already become a thriving business centre and is now 97% occupied  |
"What it is doing is putting Plymouth on the map as the best place in Britain for young people to start and grow businesses," he said.
"I've got no doubt that this will be the sort of showcase example for the rest of the country to follow."
'Regeneration strategy'
As well as the business units HQ comprises a conference room, coffee bar-style kitchen and garden, is managed by the Millfields Community Economic Development Trust (MCEDT).
"I am delighted that the minister agreed to open HQ, which forms an important piece of the area's regeneration strategy," said Sue McDonald, chair of MCEDT.
"In the short time HQ has been open it has already become a thriving business centre and is now 97% occupied."
The refurbishment of the site was overseen by the Building Design and Maintenance division of Plymouth City Council and supported through grants from the South West RDA, European Regional funds, the Single Regeneration Budget and Plymouth City Council.