ENTREPRENEURIAL spirit is on the up in Sunderland.
New figures show almost 20 per cent more new businesses starting up in the city in the first half of 2010, compared with the same period last year.
Figures from the Bank Search Information Consultancy reveal a total of 871 new businesses launched between the beginning of January and the end of June.
That compares to 734 started between January and June 2009.
The increase coincides with the launch of the city council’s Just the Job scheme, which brings new business support together under one brand, to make it easier to find help in going it alone or looking for work.
“These latest figures for new business start-ups are extremely encouraging, and only further highlight the entrepreneurial spirit that exists here in Sunderland,” said Coun Bryan Charlton, the authority’s portfolio holder for prosperous city.
“There’s been a marked increase in the number of people accessing Sunderland’s support network since the launch of Just the Job, and these figures reflect the impact that this support is having, in addition to existing services in the city and the wider region.”
He added: “It is so important that we continue to do all we can to give people the tools to grow the city’s economy, and Just the Job is helping us to do just that.”
Areas including Barnes, Hetton and Shiney Row have experienced a marked increase in new business start-ups in the first half of the year.
Hetton has seen an increase of more than 25 per cent compared with the same time last year, with 49 new businesses getting off the ground, compared with 39 last year.
There has also been a notable rise in the number of businesses launching within important industry sectors.
By the end of June, 51 new manufacturing firms had got off the ground, compared with 56 start-ups in the whole of 2009.
For more information, visit www.justthejob.org or call 08081 789 380.