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Regulators urged to help reduce red tape in bid for Better Business for All

16 June 2015

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Plans are in place to help cut the regulatory red tape hitting businesses, giving them the chance to access free support services and helping them get on the road to growth.

The Better Business for All (BBfA) programme was launched at Towcester Racecourse yesterday, with regulatory bodies from local authorities coming together to join forces with Velocity Business Support.

The scheme will see regulators across the South East Midlands signpost businesses to Velocity’s free business support services, such as workshops, one-to-one advice sessions and bootcamps as part of their regular visits.

Daniel Mouawad, chief executive of SEMLEP, said: “Our Velocity business support service has already engaged with more than 16,000 businesses across the South East Midlands. It’s acutely clear that we need to cut as much red tape as possible to ease the regulatory burden on our business community.

“This event has been a great opportunity to bring together professionals from across the entire regulatory sector from all 11 of our local authorities and discuss how best we can engage with and support our 79,000 local VAT registered businesses.”

BBfA will see the development of a network to establish a partnership between regulatory services, economic development teams and businesses.

Councillor Stephen Clarke, portfolio holder for economic development and regeneration at South Northamptonshire Council, said: “To create the right conditions for business growth, regulations need to be reviewed together with the way in which they are delivered locally.

“This event provided our local regulators with the chance to look at ways to reduce both real and perceived regulatory barriers to business growth, as well as networking with other teams to secure a more streamlined approach.”

The programme will give businesses the chance to access the help and support they need to grow, without wading through layers of red tape often associated with business advice.

Paul Adams, service manager at Luton Borough Council said: “It’s vital we make life as straightforward as possible for our businesses. They don’t want to have to spend several days filling in forms, they want to focus on running their business.

“By working more closely together, our regulators can help ease the burden on businesses and point them in the right direction, signposting them to the support and guidance that’s already out there to help them grow.”

For more information about BBfA visit https://www.velocitybusinesssupport.com/better-business-for-all/

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SEMLEP
European Union
Regional Growth Fund
Department for Business, Energy & Industrial Strategy