Friday, November 4, 2016
Company Formation Bristol
Bristol has seen more business start ups in UK in the recent years. Bristol has recently been awarded the European Green Capital for 2015. It has a population of 442,500. The University of Bristol and the University of the West of England are both research led universities. The educated working age population is approximately 135,200.
Bristol witnessed at least 3000 start ups in 2004 and has been increasing. It has a skilled labour force, above average business survival rates, good broadband speeds, lots of helping hand for new start ups from successful business people in terms of advices and giving free desk spaces around the offices in the city to help sole traders who are not working from home. There is an excellent opportunity for networking and getting to meet people with diverse economic background.
Bristol Council invests in transport infrastructure to reduce energy usage and is looking to make further inroads with its Smart City programme. They are also working to implement several smart technologies such as smart metering, electric vehicles and open data. Bristol has seen business grow around the Royal Portbury Docks. The Docks reaches over 42 million people and has become a central attraction for businesses wanting to gain access to international markets. Other areas such as Queen Square, Lewins Mead and Clifton have also become increasingly popular with small businesses; particularly those in media, public sector and IT. Another boost to new start ups is the Bristol Temple Quarter Enterprise Zone, to drive economic growth. And the Cabot Circus provides retail opportunities and commercial spaces to lease, currently has over 120 stores with an alleged one million sq ft of shopping and leisure facilities.