Centres aim to help new businesses

TAKEOVER ... Tedco Business Centre.

TAKEOVER ... Tedco Business Centre.

A TAKEOVER of business centres is set to boost new enterprise in South Tyneside.

The council recently took control of Tedco centres in Jarrow, Boldon and South Shields.

This followed the merger of Tedco and the Sunderland-based North East Business and Innovation Centre (Bic), which was completed on October 1.

South Tyneside Council bosses say the takeover will help provide even more help to start-up firms in the area.

Tedco Business Centre, at Viking Industrial Park, Jarrow, the Quadrus Centre, Boldon and Tedco Business Works, South Shields, are now all council-run.

The Tyneside Economic Development Company Ltd (Tedco) was launched in 1984, in order to boost local business after a period of high unemployment.

Over the last 30 years, Tedco has helped launch and support dozens of new firms in the borough.

A spokesman for South Tyneside Council, said: “Tedco has worked closely with Bic over many years and earlier this year the two agencies announced plans to merge, creating a stronger enterprise support service in the North East. The newly-merged organisation has a clear focus on supporting local businesses and the council continues to work with it to support the local economy.

“Three business centres owned by the council and previously managed by Tedco – South Shields Business Works, Jarrow Business Centre and the Quadrus Centre – are now operated as part of the authority’s portfolio.

“With the award-winning One Trinity Green completed last year, the council has brought the management and promotion of all four business centres together under one banner, which ensures a flexible and efficient way forward for the future.

“We have a strong offer to help businesses set up and grow in South Tyneside, with high-quality business space, flexible terms and a superb package of business support.”

Under the previous arrangements, Tedco employed 14 staff in posts primarily related to management of the three centres. These were all transferred to council employment when the changes took effect.

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