Fife to welcome new Enterprise Hub

Fife to welcome new Enterprise Hub

Work has begun on a new Enterprise Hub in Fife that is set to inspire entrepreneurs and boost business growth in the local economy.

The Enterprise Hub Fife will launch in Spring 2017 in Glenrothes.

The hub will be located on the first floor of Royal Bank of Scotland’s premises in the town centre, and will offer a ‘one stop shop’ approach to providing enterprise and business services to commercial and social entrepreneurs, and business start-ups.

The Hub will also seek to engage with and stimulate home business owners, sole traders and micro-businesses to locate, or have access to, ‘hot desk hub space’ that is affordable and flexible, encouraging daily and short-term affordable business use.

A range of business services will be available, including support from experienced business advisors and business experts, mentoring and finance services from Royal Bank of Scotland’s  Business Banking and Commercial Team, access to finance to support early stage growth starts and small businesses to enhance growth plans.

Depute council leader councillor Lesley Laird, spokesperson for Economy and Planning, said: "This approach to developing and running a successful creative enterprise hub will help strengthen the services that Fife Council’s Economic Development Team delivers, along with our key business delivery partners, including Business Gateway Fife and Royal Bank of Scotland.

"Our aim is to engage with aspiring business start-ups, and micro-businesses by offering a ‘one stop shop’ approach, to stimulate growth in the local economy.

"By providing all the necessary resources under one roof, from a location here in Fife, we are working to make it easier to access business support services, as well as encourage a collaborative business environment."

Malcolm Buchanan, chair of Royal Bank of Scotland’s Scottish Board, said: "We are delighted to be entering into this partnership with Fife Council.

"The Royal Bank of Scotland is a key supporter of businesses across Scotland. Initiatives like this play an important role in driving enterprise and helping create an eco-system where entrepreneurs and local communities can prosper."