As part of a an ongoing drive to ensure Armagh City, Banbridge and Craigavon Borough continues to be recognised as a centre of excellence for entrepreneurship, innovation and investment, CIDO along with our local enterprise partners recently met with senior council representatives to discuss the Borough’s continued collaboration.
The council have previously spearheaded a number of initiatives aimed at raising the profile of local enterprise partners, the business space, facilities and support services they provide to businesses across the borough, and are keen to continue forging stronger links with those who work on the frontline supporting businesses day to day.
Cara Dallat, CEO at CIDO commented “It is fantastic that the Council, the Enterprise Agencies and the other support organisations meet regularly to discuss what help and support is available to businesses from each of our individual entities. This inevitably avoids duplication of business support, ensuring that resources are spread more effectively and have more of an impact across the range of businesses located in the Borough.”
Councillor Joe Nelson, Chair of the Council’s Economic Development and Regeneration Committee revealed that local enterprise partners currently provide 382 modern and affordable units for 264 businesses at 14 sites across the borough – creating 1,104 jobs and contributing over £26.8m in wages to the local economy.
The borough boasts a higher than average business start-up rate (5.8% compared to 5.1% for NI) and a 39% five-year survival rate for businesses established in 2010. These statistics reflect the important work that local enterprise partners do in nurturing and growing the borough’s business base.
To find out more about the council’s enterprise partners as well as view a video about their facilities and services, visit www.armaghbanbridgecraigavon.gov.uk/business/business-space/