NEW life is being breathed into one of Market Rasen’s most prominent buildings.
The former Halifax building on the corner of the town’s market place is to become a flag ship for plans put into place by the Market Rasen Business Initiative Group – MR BIG.
In an innovative and ambitious project, the group will be operating its own retail incubator project.
The BIG shop is aimed at giving a helping hand to traders and entrepreneurs to get their first foot on the high street retail ladder.
“This is a very exciting project,” said Richard Hallsworth, finance director of MR BIG.
“We wanted to create a retail anchor on our high street and in my mind there is no better place than right on the market place, where there is a clear connection between the market and the rest of the high street.
“There are lots of office incubator schemes, but we believe this is one of the first retail incubator units – a place entrepreneurs can test their products, learn vital retail skills and earn their stripes before going out on their own.
“The BIG shop will offer small retail pods for those looking to begin their High Street retail career in a cost-effective and supported environment.”
The scheme has been made possible thanks to the support of corporate sponsor Lindum Group, who own the property at 27 Market Place.
Inspired by MR BIG’s proposals, they have offered the space on extremely supportive terms, and intend to make the space above the retail unit into offices.
“The whole plan will see the market place property transformed into a hot spot for new business development and growth in Market Rasen – driving precisely the kind of supported transformation outlined by Mary Portas in her recommendations to government,” added Mr Hallsworth.
For their part, MR BIG have also pledged a full suite of training, network and business support services for members.
The programme will be launched shortly to all member businesses and rolled out on an invitation basis to other businesses across the region.
It is expected the BIG shop will open its doors in early November.
Any local business people who are interested in space – within either the retail incubator, or in office units – are asked to express their by emailing firstname.lastname@example.org