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Telford excels in start-up rankings

Telford & Wrekin Council is celebrating huge success in the European Top Business Start-up rankings coming out 3rd in the European table.

StartupBlink, a global research centre has recognised Telford as one of the biggest movers in its Global Index 2023, thanks to the hard work and creativity of our local entrepreneurs.

The council attributes this success to substantial investment into creating a supportive and vibrant business start-up scene in Telford over the last five years. The momentum continues with the recent launch of Thrive Telford Business Start-Up Service earlier this year, introduced by Invest Telford, the council’s in-house businesses support and inward investment team.

The service being delivered by Tim Luft and Nigel Birch from European Innovation Ltd,  has received over 80 enquiries since launch in early August,  a third of which have already been supported directly.

The first group of new businesses have completed and are already making their mark in the business world. Illustrating the inventive spirit of local entrepreneurs a huge range of  business ideas have come forward from innovative transportation apps to high quality commercial and branding imagery services and  new  approaches to mental health and wellbeing training.

Dave Bowler, one of the first new businesses to benefit from the latest support, said: “I would recommend the course to anybody thinking of starting a business of their own - you can only gain from being on the course and it will make the path ahead look a whole lot clearer than it did when you started.”

Tim Luft, director at European Innovation Ltd, added: "With the next start-up cohort about to begin, we are excited about the amount of interest and enquiries, indicating even more success for Telford's start-ups. Telford is a hub for business excellence and it’s great to see this being recognised at an international level. We plan to do all we can to maintain this trajectory."

Entrepreneurs looking to embark on their own business journey are invited to explore this fully-funded service that features a mix of one to one business mentoring sessions and a host of dedicated business workshops.