South Swindon MP Robert Buckland unveiled a commemorative plaque to mark the twentieth year since the first Basepoint Business Centre was first established in Romsey, Hampshire.
Since then Basepoint has pioneered the concept of managed business, innovation and enterprises centres in Britain and there are now 30 similar facilities across Southern England, The Midlands. East Anglia and Wales, providing a home to over 2,000 businesses of all sizes. Basepoint Swindon will mark its tenth year in March 2015.
Uniquely, Basepoint is wholly owned by a charitable trust, The ACT Foundation, whose mission is to ‘ACT to enhance the quality of life for people in need’.
Any profit from the Basepoint operation is used by the Trust to further its charitable objectives within the communities that it serves. In addition all Basepoint Business Centres, whether owned or managed, provide financial support to a local charity as part of their own objective to help develop sustainable communities. This support is funded by The ACT Foundation from its reserves and not through revenue generated at the Centre.
On 28 April, tenants of Basepoint Swindon and representatives of businesses across the town enjoyed champagne and canapés to mark the anniversary. Robert said he didn’t realise how busy Basepoint Swindon had become. "I was under the impression there were about 70 businesses here and have just learnt that there 117 units and there is a 95 per cent occupancy rate which is phenomenal.
"Centres like Basepoint demonstrate Swindon’s economy is making strong progress out of recession. Whilst the large corporates get all the attention, Britain’s economy is built on a bedrock of small and medium sized enterprises run by entrepreneurs and providing work for a huge proportion of the population.
"I congratulate them all and Basepoint for providing flexible, well positioned buildings where businesses can grow."
Top, Robert Buckland cutting the commemorative plaque. Left, Basepoint Swindon Lynn Chapman with the plaque. Photos Richard Wintle of Calyx