Hull City Council is engaging with contractors to help create a new youth enterprise hub and business incubation facility in the city centre.
The council has allocated £1.5m of government funding for the refurbishment of 161 High Street.
The plans will be developed by the council’s Building and Design Services and initial works will focus on regenerating the ground and first floors of 161 High Street to be used as a hub for young entrepreneurs.
The new project aims to support start-up businesses and entrepreneurialism in the city.
It also ties into Hull’s community plan to help create an enterprise culture which is vital to establishing a vibrant, sustainable and inclusive economy for Hull.
Cllr Paul Drake-Davis, the council’s portfolio holder for regeneration, said: “The development of a new youth enterprise hub at 161 High Street is great news for the city’s economy.
“As a council, we want to grow Hull’s economy and by investing in young people and enterprise, we’re doing just that.
“This new hub will provide a much-needed friendly and welcoming space for young people from all over Hull to grow their skill base and self-confidence by learning from local business experts and inspiring peers.
“The aim is that, for whatever length of their engagement with the hub, young people come out of it better prepared for the world of work.”
