Business Regeneration Workstream

The Business Regeneration Workstream includes projects to encourage local businesses to thrive and prosper

Our Leap of Faith Assumption is that if Create on the Square helps local businesses to thrive, it will bring greater prosperity to the Cheltenham West area, and Coronation Square in particular, which will benefit the local economy, including Create on the Square.

Megan Prendergast

Megan Prendergast

Megan is the Business Regeneration Champion
Pop into Create to chat to her, or mail: megan@cheltenhamcoworking.com

Current Projects

Escape Rooms Cheltenham

Escape Rooms Cheltenham

Value Proposition

Escape Rooms Cheltenham is a fun escape room entertainment, which aims to draw more people to Coronation Square, for the benefit of the businesses there


Sub-LOFA

If Create on the Square runs Escape Rooms Cheltenham:

  1. More and new groups of people will come to the Square for the Escape Room on a regular basis, increasing footfall to the shops
  2. Create will receive income from the escape room payment and through increase in trade in the Tea Bar

Test

Pop-up escape room theme changing every two months


Key Metrics

  • Escape Room bookings - Target = regular bookings of at least 20 per month
  • Conversion rate on website, visits to bookings
  • No of teams rebooking each month

Christmas on the Square Traders Campaign

Christmas on the Square Traders Campaign

Value Proposition

Christmas on the Square is a campaign to encourage local traders to work together to draw more people to Coronation Square during the Christmas period


Sub-LOFA

If Create on the Square initiates Christmas on the Square

  1. More people will come to the Square for the Christmas event and use the shops
  2. Create will have an increase in trade in the Tea Bar

Test

Regular traders meeting to plan Christmas event


Key Metrics

  • No of traders involved in the event
  • No of shoppers attending event