The Council has been shortlisted in the Local Government Chronicle (LGC) 2022 Awards in the Economic Support category, a year in which a record number of entries were received.
The Council’s support for local businesses and its plans to bring economic growth to the Borough of Broxbourne post-pandemic have been recognised.
A thriving economy offering business growth and jobs is a key priority for the Council, and over the next five years the Council’s work will take major strides in achieving that objective.
The major developments that have been progressed despite the impact of COVID-19 include:
- the Sunset Waltham Cross Studios, which will generate 5,000 new jobs and contribute £300million annually into the local economy
- Brookfield Riverside, which will produce up to 2,000 permanent jobs
- Theobalds business park, a mixed use scheme with a new business centre and hyper-scale datacentre
There are also significant plans in place to regenerate Waltham Cross town centre and add further enhancements to Hoddesdon and Cheshunt town centres.
During the pandemic, the Council provided additional support for local businesses, processing a total of 4,853 business support grants totalling £30.7 million, as well as providing advice, training, skills development and regular communication.
Councillor Lewis Cocking, Leader of Broxbourne Council, said:
“I am immensely proud of the work the Council has done over the past 12 months to mitigate the impacts of coronavirus on our Borough’s businesses. As well as providing support to those already trading in Hoddesdon, Broxbourne, Cheshunt and Waltham Cross, the Council is paving the way for 8,000 new jobs to the area over the next five years”.
Shortlisted councils were announced on 16 March, and the LGC Awards will be announced at a ceremony at Grosvenor House in London on 20 July 2022.