 Our speaker this week was Mark Knoff-Thomas, the Chief Executive of the Newmarket Business Association. Mark spoke first of all about the history of the NBA. Understanding where Newmarket has come from gives us an appreciation of where Newmarket is heading.
The NBA was founded in 1937 as a voluntary organisation but, since 1995, it has been funded by a small levy on council rates on all those businesses in Newmarket. Since Mark came on board, the focus has been to operate the association as if it were a commercial business and its that commercial mindset that has seen the NBA reflect a surplus in funds.
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