Four business development programmes, delivered by Mid Ulster District Council, have supported the growth of 74 businesses and social enterprises resulting in an economic impact of over £4M!
The programmes were delivered over the past year as part of the Council’s Economic Development Strategy ‘Our Plan for Growth’.
Ambitious targets were set for the Programmes, which cost just over £100,000, and by completion these were all well exceeded; at least 43 new jobs were created and an overall economic impact of over £4million (representing the value of new jobs created, increased turnover and new work won) was achieved representing at least a 40:1 investment return. This includes results from the particularly successful Tender Programme where nine businesses won new work of £2.5m, with more outcomes still pending.
The Tender Programme delivered by Global Education (NI) Ltd (GEL) supported 20 businesses to source potential opportunities for new work, prepare high quality tender bids and mobilise contracts.
The Business Development Programme delivered by Cookstown Enterprise Centre and Associates provided 20 businesses with support in one or more of six key business areas – business planning, marketing, HR management, financial management, quality systems and effective pricing.
Mid Ulster Online delivered by We Are Digital was designed to help 20 businesses improve their online presence, covering areas such as website improvements, search engine optimisation and opportunities offered by social media.
The Social Enterprise Programme, delivered by Workspace Enterprises Ltd developed the capacity of 14 potential, newly emerging and existing social enterprise organisations to improve their internal structures and also the delivery of their services.
All of these initiatives were vastly oversubscribed; a demand reflective of Mid Ulster’s highly motivated and ambitious business community.
The Chair of Mid Ulster District Council, Councillor Trevor Wilson, commended the Programmes’ successes. He said,
“I am delighted that the Council’s Programmes this year have supported 74 businesses and social enterprises, contributing to the creation of at least 43 new jobs stimulating an estimated economic impact well in excess of £4m. The Council’s economic development plan ‘Our Plan for Growth’ challenged us to deliver support to maximise the potential of our local businesses; this first year marks an excellent start to our work.”
Read about the programmes and success stories here.
For more information on Mid Ulster’s Economic Development Programmes please contact Fiona McKeown, Head of Economic Development [email protected] or 03000 132 132.