Company Registrations UK Gets Behind Pop-Up Shops to Help Businesses

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Company Registrations UK is putting its full support behind the latest Government initiative to help small businesses get trading and encourage growth, which is aimed to help newly formed businesses get started.

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As part of the Governments continuing plan to encourage growth on the high street, a pop-up shop has been set up in the Department for Communities and Local Government (DCLG) headquarters. The shop has been opened in time for the end of the Christmas rush by Communities Secretary Eric Pickles and Local Growth Minister Mark Prisk with additional support from the national campaign StartUp Britain. One of the UK's leading formation agents, Company Registrations UK, has stood up and given their support to these pop-up shops as a way to help businesses and improve trading and growth.

At the DCLG’s headquarters in Victoria, London, the shop has been set up to act as a blue print for others around the country to work with such schemes as Portas Pilots and Town Teams. Every Fortnight six new British start-up businesses will occupy the shop, which will help spread costs, help with accessibility and help try out the new ideas. Over the next year the affordable space will be rented out to over 150 small start-up businesses and may continue if the success carries on. The department is not seeking financial return from the scheme, but is trying to help the companies get up and running and showing how the scheme can be a success. This will hopefully be emulated across the country to help a wide range of businesses start – encouraging economic growth and choice for consumers.

With continuing company formations reaching record highs across much of the country, it is a great time to showcase the smaller businesses in the UK. UK Company Registrations has noticed the continuing trend for people starting smaller businesses as the recession has encouraged people to start up on their own, thus helping their local economy. This is one of the key ways to help the nation get out of the recession and hopefully the scheme will be a success which can be repeated around the UK.

The 27 Portas Pilot and 300 Town Team partners will receive support to encourage their own pop-ups in many high streets around the country, supporting thousands of new businesses. These schemes are combined into a multi-million pound strategy put forward by the Government backing schemes on local levels to breathe new life into ailing town centres. There is also a fund of £80 million in start-up loans, which could create up to 30,000 new businesses.

Eric Pickles said: “We are absolutely determined to support the high street and we know pop-ups are a great way to bring empty shops back to life and get new businesses going, so we thought ‘why not open one right here in the department?’. It will also showcase how we can unleash more of our best and brightest young entrepreneurs onto the country’s high streets.”

Mark Prisk added: “There’s a real appetite in our town centres to get them revitalised so they remain attractive places to visit. And it’s not just talk: there are many extremely capable and serious people with some superb ideas; but they need a bit of help to get started.

Steve O'Neil from Company Registrations UK also commented on the scheme: “We are very pleased to hear about this latest Government scheme to help the UK’s high streets. The investment and opportunities will hopefully pay off with more companies being formed, more choice for consumers, better atmosphere in the high street and a boost to the whole economy.”

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