Times of Tunbridge Wells Issue 1, March 4th 2015

Page 1

timesoftunbridgewells.co.uk @timesoftw

All the news that matters

Local, National and International

Wednesday, March 4, 2015

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MARK CARNEY Dealer errors at bank revealed Pg 14

WHAT’S MISSING ON THE FOOD FRONT? Pg 54

FERNANDO ALONSO Medical means he misses Australian Grand Prix Pg 12

GOOD MORNING TUNBRIDGE WELLS

SCHOOLS DRIVE LOCAL HOUSING MARKET Pg 20

INSIDE SCIENCE

Southborough man helps create amazing new ears

PAGE 5

TRAFFIC

Just who is to blame for Pembury Road nightmare?

PAGE 3

BUSINESS

Staff shortages threaten company expansions

£5million fund launched to boost local businesses PAGE 16 IT’S another new day but one with a difference because today sees the publication of a new local paper with the announcement that it’s launching a £5million investment fund to help local businesses. The Times of Tunbridge Wells, working with high net worth individuals, has developed an initiative to support entrepreneurs across the county. It will be open to a range of businesses from start-ups requiring seed capital to existing businesses looking for money to expand. Applicants must be 18+ and operating a limited company within the boundaries of the county of Kent.

Alongside financial help, successful applicants will receive advice and support, by way of legal, accounting and business strategy, from a network of advisers. The idea is to bring more innovation and opportunity to Kent, with an initial key focus on Tunbridge Wells and the surrounding area, by helping companies grow at an early stage of their development – creating employment and revenue. Applications for funding will be considered by a panel of principal investors or their representatives. MP Greg Clark said: “For our area to continue to be prosperous requires our businesses to be successful – new start-ups to be created and established business to grow. An investment fund

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that provides extra support is to be warmly welcomed and I look forward to seeing the benefits in action.” Cllr Jane March, cabinet member for tourism, leisure and economic development said: “The fund is a great idea - we know from independent work commissioned by the West Kent Partnership that Tunbridge Wells is an extremely innovative, creative place with more business start-ups and better survival rates than anywhere else in the country. “We look forward to seeing which initiatives and companies emerge from Tunbridge Wells, where this sort of investment and expertise will enable our businesses to thrive.” Turn to pages 6 and 7

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