Newhaven Enterprise Zone is a collaboration between Coast to Capital and Lewes District Council. The project aims to facilitate the economic regeneration of Newhaven and shift the town to a higher value economy over the next 25 years.

Enterprise Zones are designated areas across England that provide tax breaks and Government support. They are great places to do business especially for both new and expanding firms.

enterprise_zone_log_300

 

Newhaven Enterprise Zone officially commenced in April 2017. It covers approximately 79 hectares and is forecast to have the following benefits:

 

  • Create 55,000m² of new commercial and employment floorspace
  • Refurbish a further 15,000m² of commercial and employment floorspace
  • Create / safeguard up to 2,000 jobs.

 

Encompassing eight key sites situated throughout the town, the Enterprise Zone will focus on higher-end manufacturing encompassing the 'Clean, Green & Marine' sectors, building off Newhaven's historic strengths as a port town and gateway to the continent. This aims to build off recent developments such as the opening of the Newhaven University Technical College (UTC@harbourside), the construction of the Operations & Maintenance base for the Rampion offshore wind farm, as well as the £2.5 million Newhaven Growth Quarter which provides new supported space for start-ups and emerging businesses.

 

Benefits for you and your Business

The Enterprise Zone brings with it a number of potential benefits for occupiers of the designated sites. These benefits apply only to the eight designated sites and includes:

  • A business rates discount worth up to £275,000 per business over a maximum of five years
  • No pre-application charges for planning enquiries on employment-led schemes by Lewes D.C
  • Dedicated support and advice from Coast to Capital, as well as Lewes D.Cs Regeneration & Investment team

 

Coast to Capital and Lewes D.C will also retain the uplift in business rates generated arising from the zone for the next 25 years which will be reinvested to enhance Newhaven as a place to live, work and do business.

 

What Happens Next?

The Enterprise Zone in Newhaven has officially commenced on 1st April 2017, and Coast to Capital is busy planning for implementation with our partners. More information will be available soon, but if you have any queries about the Enterprise Zone and how it could benefit you and your business please contact Jamie Watson (details at the bottom of the page) or Peter Sharp at Lewes District Council on 01273 484044 (peter.sharp@lewes.gov.uk).

 

For further information on Newhaven Enterprise Zone visit http://newhavenenterprisezone.com/

 

 

Newhaven Enterprise Zone

 

 

 

 

Jamie Watson

Strategy and Policy Officer

Call 01403 333840
jamie.watson@coast2capital.org.uk

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