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In our case we were lucky to have a few local business links, and have exploited them as much as we can. Most useful has been working with a local person who is trying to establish a PR agency, as a result she has been networking furiously on ours and her behalf, as she can see the CED and our plans to create a business forum for the area as an inroad to new business for her own business.
We are also planning a Business focussed newsletter (and offering free advertising) as a way of hooking in other local businesses. This will give us a platform to discuss and advertise initiatives locally