Invest NI Has 'Designs' On 3D Architectural Firm

Derry-based Urban Art has received a boost from enterprise agency Invest NI, which could help win additional business for its innovative technology in the property and construction markets, outside Northern Ireland.

The company, formed by Paul Doherty, an experienced Architectural Technologist, in November 2006, is investing almost £230,000 in marketing 3D visual software delivered through a variety of channels - including the internet - for use by construction and property businesses.

The company’s innovative technology draws together architecture, technology, property marketing, design innovation and animation to offer customers a unique service.

Backing for the company, which is based at the North West Business Complex at Skeoge, was announced by Des Gartland, Invest NI's North West Regional Office Manager.

Mr Gartland said: "Urban Art has pinpointed a developing niche within its target markets for strongly visual products that can be accessed and manipulated easily by customers. It has already developed an impressive portfolio of clients across a broad range of business sectors and clearly has significant growth potential.

"We are backing the drive, determination and skills of the business owner with practical support and finance that will also make it easier for him to develop his technology, build a capable team and thereby to establish the business as a key player in the marketplace."

Mr Doherty, commenting on the business, said: "A key objective for the company is to grow sales by around 300 per cent, mostly through export sales to the Republic of Ireland, which I expect to contribute 80 per cent of turnover, over the next two years.

"Substantial investment is being made to develop the export marketing capability required to realise this goal."

Invest NI has offered Urban Art financial assistance of £34,000 towards the eligible costs of almost £190,000. The funding will enable the company to develop and implement an export marketing strategy and state of the art information systems.

(PR)