Milton Keynes is a fantastic place to do business. We knew that before the recent Centre for Cities report, which placed MK second in the country for number of start-ups launched.
Milton Keynes is a great launch pad for start-ups and small businesses because it has an environment which allows them to thrive.
It is an innovative and dynamic place to do business and a somewhere in which firms can access highly skilled workers.
This is proven by Milton Keynes Chamber of Commerce’s latest Quarterly Economic Survey results for Milton Keynes, which show that all the businesses questioned stated that their workforce during the next three months during the fourth quarter of 2015 would either remain the same or expand.
Milton Keynes’ geographic location and fantastic transport links to the South East and East Midlands also means it is the destination of choice for new companies.
It is continually attracting an influx of national and international businesses who’ve chosen to make their home here, many of which are Chamber members –PwC, Domino’s Pizza, Aston Martin Works to name a few.
Earlier this year the same Centre for Cities report found that overall job creation in MK is the highest in the UK, with 24,400 new jobs created between 2004 and 2013, a phenomenal rise of 18.2%.
This is supported by the latest Vital Signs publication from MK Community Foundation, which stated MK is 51% faster at creating jobs than the national average and is 22% more enterprising than the national average.
The Centre for Cities report also revealed that the city ranked sixth for SME density (number of SMEs per 10,000 population) – indicating strong economic success - and second for highest proportion of high-tech and digital enterprises, with more than one in six SMEs in our successful economy operating in the digital sector.
It also featured in the top 10 places with the highest proportion of SMEs in professional services.
The findings correlate with our Chamber membership base – another acknowledgement that we are a fantastic representation of the local business landscape.
SMEs play a huge part in driving growth and economic prosperity and Milton Keynes Chamber of Commerce is firmly committed to assisting small businesses and new entrepreneurs through our package of support measures.