30 March 2012>
Caerphilly has been ranked as one of the Top 10 Welsh local authorities for adding growth to the economy through businesses start ups.
Research by the BBC has shown that Caerphilly county borough's new business base growth over the period 2010-12 is the best in the valleys.
While the whole of Wales actually saw a 0.3% decrease in the number of companies operating, Caerphilly was among those local authorities contributing to the national economy showing positive growth in trading businesses in the area.
Anthony O'Sullivan, Chief Executive of Caerphilly county borough council, said, "I am pleased to see that Caerphilly is being recognised for its contribution to the national economy. Local businesses are the life and soul of our borough and continual growth will go a long way to providing more employment for our communities."
Council initiatives, such as the exciting 'Go2MyTown', which was launched last year to get more businesses online in the Heads of the Valleys area, have provided new businesses with a platform to start out and have encouraged residents to buy local products and services.
A report by Mary Portas into the future of the high street stresses the need for retail businesses to have an online presence and the creation of "Virtual" High Streets.
For more information visit www.go2bargoed.co.uk
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