RiDO Rotherham Investment & Development Office

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New business lounge in Rotherham

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Rotherham Investment & Development Office (RiDO) has established a Business Lounge at its Moorgate Crofts Business Centre in Rotherham to provide greater opportunities for new and growing businesses to co-work and network in this purpose-designed workspace.

RiDO was successful in securing funding for the Business Lounge from the European Regional Development Fund (ERDF) to provide a professional meeting space with IT suite including high-spec computers with Adobe graphic design software and tea and coffee making facilities. The Business Lounge can be booked free of charge and is available for use by any business or start-up in the Rotherham area.

Amanda Parris, Business Centre Manager for RiDO, said: "This is a really exciting opportunity for businesses to meet, network and we are hoping it will become a hub for stimulating new business relationships. We responded to demand from local entrepreneurs who were looking for a professional meeting space where they can grow their businesses and work together with other like-minded people."

Paul Tomes, Managing Director of The Expo People, has used the Business Lounge on many occasions, he said: "It's a great place to meet up with business contacts in a relaxed environment. It's useful to have access to the graphic design software too. I'm sure I'll be using the Business Lounge many times in the future."

Moorgate Crofts is a state of the art business centre featuring 54 office units, ranging from 9 to 51 square metres in size, spread over three levels. The units are ideal for start up and growing companies, providing a modern, supportive environment for businesses to thrive. The fully serviced offices includes 24 hour access, the option of a call answering service, plus superb rooftop meeting and conference facilities.

Several offices have become available in the past few weeks due to companies experiencing rapid growth and requiring much larger premises, as happened with renewable energy business Energy Max UK.

Henry Walsh, Managing Director of Energy Max UK, said: "We had a great start to our business at Moorgate Crofts, with all the support we needed in those important early days. It gave our business the right image and impression and we liked its central location and flexible licence agreements. After just over a year at Moorgate Crofts, we have expanded and moved into new premises to cater for our business growth. I would definitely recommend Moorgate Crofts to any new or growing business."

As well as providing four business centres across Rotherham, RiDO provides a wide range of support to help local businesses to succeed. This includes help with expanding internationally, with support through RiDO's Growth and Prosperity in Rotherham (Soft Landing Zone) project. This aims to assist Rotherham companies in accessing international markets and also helps foreign inward investors who choose to locate to RiDO's business centres. The project is supported financially by the European Union. It has attracted £842k investment from the European Regional Development Fund as part of Europe's support for the region's economic development through the Yorkshire and Humber ERDF Programme 2007-13.

For more details about RiDO's Business Centres or the Soft Landing Zone project, visit the website www.ridobusinesscentres.co.uk. For more details about the Business Lounge or units available at Moorgate Crofts Business Centre, visit the website www.ridobusinesscentres.co.uk.









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