Praetorian Outsource Marketing is delighted that £125 million has been
approved to kick-start the development of the Birmingham City Centre Enterprise Zone.
Praetorian Outsource
Marketing, a direct sales company in Birmingham city centre, has been following the progress of the Birmingham City Centre Enterprise Zone carefully and is extremely excited
by the potential for businesses in the city. Firstly what is an Enterprise Zone? Enterprise Zones are areas where local businesses get together and agree
to commit a certain sum of money to be spent on schemes to improve the area. Once the
money has been pledged, and the area of the zone agreed, those businesses decide
where the money would best be spent. The Greater Birmingham and Solihull LEP
was announced in July 2011and includes 26 sites covering 68 hectares across the
city centre. It is consequently one of the largest in the country.
A spokesperson for
Praetorian Outsource Marketing explains why they think the scheme has so much
potential, “What is great about these Enterprise Zones is that the government
allows the LEP to retain any business rates growth within the zone for at least
25 years. Secondly businesses love the idea of having control of how their money
gets spent, after all they know
the needs of their customers and clients and they’ll know how best to improve
services for them.”
Andy Street, the Chair
of the Enterprise Zone believes
that the results will be spectacular. “Not only will we create a further 40,000
jobs, add £2 billion a year to the value of the economy and make available 1.3m
sq meters of floor space over the lifetime of the EZ, but ultimately we will
deliver our ambition of becoming a truly world-class city region.”
The spokesperson for
the outsource sales company said, “In a tough economic climate these are
ambitious goals but Birmingham is an ambitious city. We have repeatedly
impressed investors and clients and for that reason they trust the businesses
in this city to perform. Our industry of outsource sales is thriving, no more so
than at Praetorian Outsource Marketing. We’re confident that this EZ is going
to be a great success and that business in Birmingham will continue to boom.”