Grant of €1.9m af­ter suc­cess­ful Strand­hill ap­pli­ca­tion

The Sligo Champion - - NEWS -

FUND­ING for a new en­ter­prise cam­pus in Strand­hill was part of an over­all an­nounce­ment by Min­is­ter for Busi­ness, En­ter­prise and In­no­va­tion Heather Humphreys on Mon­day. IN all, 21 ap­pli­cants were ap­proved the of­fer of fund­ing to­tal­ing just over €29 mil­lion.

THE win­ners were se­lected through a rig­or­ous eval­u­a­tion process based on cri­te­ria which in­cluded im­pacts and value for money, col­lab­o­ra­tion and par­tic­i­pa­tion, vi­a­bil­ity and sus­tain­abil­ity, build­ing re­gional strengths and sig­nif­i­cance for in­no­va­tion.

Sligo County En­ter­prise Fund CLG, was of­fered €1,906,640 to­wards its planned ex­ten­sion if its en­ter­prise park on the Air­port Road in Strand­hill.

Ai­dan McKenna, Re­gional Di­rec­tor, Bor­der Re­gion, En­ter­prise Ire­land said: “Sup­port­ing en­ter­prises to build scale and ex­pand reach is a key fo­cus of En­ter­prise Ire­land and the Re­gional En­ter­prise De­vel­op­ment Fund helps us to fur­ther drive growth in key sec­tors in coun­ties across the coun­try, par­tic­u­larly in the con­text of Brexit.

This sec­ond call which was launched in May at­tracted very strong in­ter­est, re­ceiv­ing a to­tal of 77 applications.

“Sligo County En­ter­prise Fund CLG is one of the com­pa­nies that has re­ceived an of­fer of fund­ing and I would like to con­grat­u­late them on their suc­cess­ful ap­pli­ca­tion and look for­ward to see­ing the dif­fer­ence this fund­ing will make on the ground as they set about de­vel­op­ing the ini­tia­tive.”

Deputy Tony McLough­lin said:“This is great news for Strand­hill and it is a tes­ta­ment to the strong applications that were sub­mit­ted by the lo­cal com­mit­tees in­volved. It is yet another solid in­vest­ment in Strand­hill by the Fine Gael Gov­ern­ment.

“As a Gov­ern­ment we need to con­tin­u­ally chal­lenge our­selves on how to cre­ate jobs out­side of the main cities.

“That’s ex­actly what this fund does. It will di­rectly sup­port in­no­va­tive projects in our re­gions and, in do­ing so, help to cre­ate ru­ral jobs.

The jobs re­cov­ery is fi­nally spread­ing into the re­gions with over 1,200 new jobs an­nounced in Sligo this year. In the last twelve months, four out five jobs cre­ated were out­side Dublin and the live reg­is­ter fig­ures in all of our re­gions are head­ing in the right di­rec­tion.

“There’s still a long way to go and no room for com­pla­cency. I look for­ward to work­ing with Min­is­ter Humphreys on more re­gional jobs ini­tia­tives for Sligo and Leitirm.”

Min­is­ter Humphreys said: “The Ir­ish econ­omy has had a re­mark­able turn­around in re­cent years, but we can­not be­come com­pla­cent. Although we have made a lot of progress with three out of five jobs cre­ated out­side Dublin since we launched the Re­gional Ac­tion Plan for Jobs, some parts of the coun­try are not re­cov­er­ing as quickly as oth­ers. The Re­gional En­ter­prise De­vel­op­ment Fund is about sup­port­ing ev­ery re­gion to build on its unique strengths and ul­ti­mately cre­ate sus­tain­able jobs.”

What the pro­posed new en­ter­prise cam­pus will look like when com­pleted.

Vin­cent Nally, Chair, Sligo County En­ter­prise fund.

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