About ten per cent of new businesses opening in Lincolnshire during the past year are based in South Holland, according to a new survey.
More than 630 new businesses were set up across the district in 2014, figures released on Thursday by online company records management company Inform Direct showed.
In total, 6,262 businesses were formed in the county during 2012, compared to 5,531 in the previous year, a rise of just over seven per cent.
Other figures from Inform Direct showed 805 new businesses were set up in South Kesteven, which includes Bourne and the Deepings, with 308 in Boston which includes Kirton, Sutterton, Swineshead and Wyberton.
Justin Brown, enterprise commissioner for Lincolnshire County Council, said: “These figures are hugely encouraging, although they must be treated with caution.
“Just over four in ten new businesses in Lincolnshire survive past the five-year mark which, while better than the national average, still provides a challenge to make sure these fledgling businesses prosper. However, over the course of 2014 we saw a large increase in optimism from existing businesses in the county, indicating that trading conditions are improving and confidence in Lincolnshire as a place to grow a business is high.”
The entrepreneurial spirit was alive in Spalding at Easter with the opening of new lounge bar The Pantry and The Parlour in Red Lion Street on Good Friday.
Owners Phil Prudham and Sarah Ollerenshaw opened the eatery just 18 months after they brought their Lincolnshire Oven jacket potato stall to Spalding town centre on Tuesday market days.
Former IT worker Phil said: “We’ve been rushed off our feet since we started the market stall so we were looking for somewhere to have a place where we could offer a more relaxed style of dining, with quality food at reasonable prices.
“But we couldn’t find a suitable site until this came up and we’re delighted because it’s been quite a long process from day one, getting everything organised.
“We’ve had a lot of support from Boston College and South Holland District Council in terms of our licensing application and environmental health officers getting the kitchen signed off.
“The Lincolnshire Oven has gone from strength to strength so we know there’s a strong demand to cater for a lunchtime market in Spalding.”
The situation is similar in Bourne and Paul Ross, chairman of Bourne Business Chamber, said: “We are seeing a massive influx of new small businesses joining the club.
“There appears to be a lot of people having a life change, giving up their employed ‘comfort jobs’ to achieve an ambition of launching their own businesses. “But there is no one area that people are going into as the businesses appear to be quite diverse.”
However, a note of caution was sounded by Boston Borough Council’s Steve Lumb who said: “Various factors need to be taken into account such as size, population, geography, access, the historic nature of employment and the longevity of new businesses.”