The data above is taken from the Business Demography dataset from ONS which gives, numbers of ‘births’, ‘deaths’and survivals of businesses in the UK, figures are available down to local authority level. The data is published annually with the latest figures being for 2017, the 2018 data is expected to be released at the end of November 2019.
Business Start-ups (Banksearch)
The ambition is to move it to the top quartile through actions including the provision of start-up space and support for businesses to start and grow as set out in the West Sussex County Economic Growth Plan and associated Action Plan. Activity to support this in 19/20 includes the launch of the Bognor Regis Creative Digital Hub providing new collaborative workspace including for start-ups, and partnering with the University of Chichester on a new ERDF business support programme which will see specialist and extensive support for business start-ups across the county (the latter is dependent on final approval).
Bognor Regis Hub
The work to fit out two vacant spaces within Bognor Regis railway station to form a shared workspace for creative and digital businesses will begin once the agreement around the lease for the spaces is completed with Govia Thameslink Railways and Network Rail.
The appointed hub operators, Town Square Spaces, will be delivering training and support for local creative and digital businesses at venues in Bognor Regis over the coming months, in the lead up to the launch of The Track.
The Track is due to open later this year.
Arun Growth Deal
Work to date includes approval of an outline business case for the Bognor Regis Enterprise Centre within the Enterprise Bognor Regis site, securing funding to deliver Littlehampton public realm improvements and the development of a planning application for the Bognor Regis Pavilion Park project to provide a new park and café in the centre of town.
Work includes the appointment of consultants to progress the River Arun cycle path, launching the Bognor Place Branding project in early summer, feasibility work to be completed for the Bognor Regis Enterprise Centre and the Littlehampton One Public Estate sites in Fitzalan/Maltravers Road.
Adur & Worthing Growth Deal
Options appraisal work for Centenary House has been completed and contracts are currently being prepared for the demolition of Burrscrofte in Pond Road, Shoreham. In other projects, positive feedback was received in a consultation on the Portland Road, Worthing, public realm scheme. Discussions with bus operators have begun looking at rerouting options for the South Street, Worthing, public realm project.
The Shoreham Harbour Delivery Group will progress meetings with key landowners to discuss proposals. Consultants are to be appointed and design work to start on the Worthing Railway Approach scheme. The business case for the construction stage of the Worthing Portland Road scheme will be prepared.
Chichester Growth Deal
We are working closely with Chichester District Council to engage development partners for the Southern Gateway. Local Enterprise Partnership funding has been secured to support the demolition of the redundant Chichester High School building and potential relocation of the hockey pitch, at the school, to allow development of these sites. £50,000 OPE 7 funding has been awarded for Northern Gateway feasibility work and a transport feasibility study has been commissioned for Chichester city centre to include cycle infrastructure.
Options will be progressed for WSCC land within the Southern Gateway Masterplan area. Procurement of contractors to demolish redundant buildings on the school site. A legal agreement with the Academy to enable the relocation of the hockey pitch within the school site. The access strategy for the Northern Gateway will be progressed and development options identified
Horsham Enterprise Park
An outline planning application is due for determination by Horsham District Council in the summer, based on around 25,000 square metres of high quality business space and housing. The business case is currently being developed for scheme delivery.
Options for the scheme delivery will be presented to the Performance and Finance Select Committee later this year and will be followed by a Leader decision for the preferred option.
Crawley Growth Programme
Construction work has started on the Queensway public realm project in Crawley town centre. The £8.3 million Eastern gateway public realm and highway scheme has been let to tender for design and build contract. The Manor Royal Gateway 1 project was completed in February.
We will be moving to delivery of Eastern gateway, detailed design phase for Station Gateway, Traffic modelling will be concluded for the Three Bridges station public realm schemes and outdoor media units will be installed at Manor Royal Business Park
Mid Sussex Growth Deal
The A2300 design and build contractors have been appointed and a public consultation on the scheme has taken place. £75,000 OPE 7 funding has been secured for site appraisal and master planning for The Brow redevelopment. £10.9 million LGF 3 funding (plus £10.9 million match funding) has been secured for Burgess Hill Place and Connectivity Programme. Negotiations with New River Retail in respect of the library provision in Burgess Hill town centre are almost complete and will help to enable the town centre regeneration.
The Northern Arc planning application is due to be determined in October. Design work to progress the Northern Arc link road and A2300 roundabout. The A2300 full business case to be submitted to the Department for Transport in October. Detailed design and delivery phase of Place and Connectivity schemes.
The Business Demography data set gives the numbers of business ‘births’, the number of business ‘deaths’ and the total number of active enterprises which have been in operation during the reference year. The latest data was released in November 2018, and gives the statistics for 2017.
The number of business births in West Sussex has fallen over the year 2016-2017, as it has nationally and regionally, the county has seen a fall of 8.2% compared with the South East region of 7.1% and England by 9 2%. The highest drop in the numbers of business births was seen in Horsham at 155 (17.2%) but also Crawley ‘births’ fell by 120 – 18.6% over the last year. Only Worthing saw an increase in the numbers of start-ups to 20 (+4.3%). Overall this has led to a fall in the overall start-up rate i.e. the numbers of births expressed as a percentage of the total number of active enterprises in that year.
The start-up rate for West Sussex is lower than the national and regional rate. Conversely it is evident that the numbers of businesses which have closed has been rising, though has not exceeded the numbers of new starts as it had in 2012, though the gap between the rates in 2017 is closing. The reasons for a fall in business start-ups may be linked to potential uncertainty related to the UK’s future relationships with the EU.
As start-up rates have fallen throughout the country the West Sussex position compared with its statistical neighbours remains in Quartile 2. The ambition is to move it to the top quartile through actions including the provision of start-up space and support for businesses to start and grow as set out in the West Sussex County Economic Growth Plan – High Level Action Plan 2018-2023.
Quarter 1 - June 2018
In addition to the Business Demography data West Sussex County Council subscribes to data from BankSearch Ltd., which gives some detail to business start-up trends by using newly opened business bank accounts as a proxy measure. The data is released monthly and gives some figures down to ward level. The latest data is for May 2018. There were 10.6% fewer business start-ups in West Sussex during the first five months of this year compared with the corresponding period last year. In May 2018 there were 481 new businesses started in the county, 19 more than the previous month but 33 fewer than in May 2017. Horsham saw the most start-ups and Adur the least. West Sussex accounted for 9.4% of all start-ups across the South East. In May 2018 there were 9.7 start-ups for every 10,000 working age in West Sussex, and compares with a rate of 9.5 for the South East region.
The following table shows the number of start-ups for each local authority area in West Sussex