Published On: Fri, Sep 5th, 2014 on 11:40 am

Enterprise scheme helps create 2,000 new West Yorkshire businesses

Martin Wade MPW

Martin Wade was the 2000th business

Up to 2,000 businesses have been launched in West Yorkshire by entrepreneurial jobseekers, according to figures from the West Yorkshire Enterprise Agency (WYEA).

The milestone has been reached three years after the New Enterprise Allowance scheme was launched, which partners jobseekers with a mentor to draw up a business plan and gives them financial support to help them through the early months of their company.

More are working with advisers and mentors at the WYEA, the enterprise arm of the Mid Yorkshire Chamber of Commerce, to develop business plans.

Martin Hathaway, chief executive of the WYEA, said: “West Yorkshire Enterprise Agency advisers and mentors have worked with hundreds of people since 2011 who have had the ambition, imagination and drive to want to start their own businesses.

“We are proud to have reached the milestone of having 2,000 of these individuals turn their dream into reality and look forward to helping support more individuals begin their enterprise journey in the future.”

The 2,000th business was launched by Wakefield’s Martin Wade who decided to set-up his own gardening and maintenance business after being made redundant from his job.

He said: “I had always wanted my own business but, with financial and family commitments, found it difficult to justify not having the security of a guaranteed wage at the end of the month.

“Being made redundant made the decision a lot easier, it gave me the push I needed to bite the bullet and give it a go.”

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