Page 30 - MarketTimesAugust2019
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 Young Traders and Love Your Local Market spotlighted at Westminster reception
MPs and peers mingled with key people from the markets in- dustry at this year’s parliamentary reception held in the Palace of Westminster and organised jointly by the NMTF and NABMA.
The aim of the annual reception is to inform and engage parliamentarians in the issues and challenges affecting the markets industry.
Guests were welcomed by Jim Fitzpatrick MP, the former Chair of the All-Party Parliamentary Markets Group.
This was in the temporary absence of the event’s host, the new APPMG Chair Bob Neill MP, who had to leave to take part in a House of Commons debate.
This year the focus was on the NMTF’s Young Traders Market programme and NABMA’s Love Your Local Market fortnight of activities, the start of which was heralded at the reception.
Joe Harrison, NMTF CEO, told the reception that this was the sixth year of the young traders programme and it was being significantly expanded.
“This programme aims to develop tomorrow’s entrepreneurs,” he said.
“Many big names on the high street started on markets. The NMTF recognises the importance of supporting vibrant high
streets and town centres with plenty of independent shops and businesses rather than clone towns.
“We believe successful markets are key and encouraging young traders onto markets will help address the current challenges and will give young entrepreneurs the opportunity to thrive.”
He explained that last year the initiative featured two regional finals in Leeds and Manchester and a very successful final in Stratford-upon-Avon.
This year six regional finals would culminate in the national final, again in Stratford-upon-Avon, at the end of August.
Coun Geraldine Carter, President of NABMA, told the reception that the organisation was celebrating its centenary this year.
“We are very proud of NABMA’s past contribution to the markets industry,” she said, and the organisation’s “great adventure” was the Love Your Local Market initiative which was now in its eighth year.
“This has become an international celebration of markets,” Coun Carter said. It had led to many new people trying their hand at market trading and more than 1,000 new businesses had been created through the initiative, she added.

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