A government think-tank has named Northampton as being one of the top ten places in the UK for new small and medium-sized businesses.
The town has also been placed in the top ten for those businesses, known as SMEs, for growing and expanding.
The Centre for Cities has published its ‘Small Business Outlook 2014’ looking at the strength and performance of SMEs, which are a vital part of the national economic recovery.
Councillor David Mackintosh, leader of Northampton Borough Council, said: “SMEs are the lifeblood of our economy, they represent the entrepreneurs and innovators who have the drive and energy to create a business and make it a success. With an Enterprise Zone and a positive attitude to supporting business we are finding that Northampton is attracting people who want to invest and create jobs.
“It is also clear that our town has a reputation for high quality products and specialised services. So we are seeing more and more new businesses setting up, and they are entering markets where excellence and knowledge are key, rather mass produced or low skill work.”
Northamptonshire Enterprise Partnership chief executive Jo Lappin said: “This is excellent news for Northampton, as it recognises the quality business offer that is available to those that want to start or grow their business here. We have the people, the location, the sites and premises and the can do attitude that means that we really are the best place to do business.”