09/11/2004

£12m investment programme aims to create 3,000 jobs

Invest NI today unveiled a £12 million programme of support for business start ups which could lead to the creation of up to 3,000 new jobs.

The programme, which incorporates phase two of the ‘Go For It’ campaign, was unveiled to a select audience of young people, business organisations, and representatives from the education sector at an event in Belfast’s Kings Hall.

Speaking at the launch, Fabian Monds, Chairman of Invest NI, said: “This programme of support represents a new chapter in our efforts to achieve the economic vision for Northern Ireland as set out in the recent consultation document launched by the Secretary of State.

“It will also help bring our Accelerating Enterpreneurship Strategy to life and deliver positive messages about starting a business to potential entrepreneurs and the private, public and voluntary bodies that have a key role to play in supporting entrepreneurship.”

Invest NI Chief Executive Leslie Morrison added: “Today is about moving ‘Go For It’ forward as part of our collective efforts to stimulate enterprise.

“The major priority for the ‘Go For it’ campaign as we move forward will be to help enact a cultural shift where people feel confident enough to start and succeed in business.”

In the next 12 months it is estimated that the new programme of support will generate over 22,000 enquiries from people interested in starting a business.

This could lead to over 3,000 new business starts, with a combined sales turnover of £133 million and could potentially create over 3,000 new jobs, the agency said.

(MB)

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