AQW 35356/11-15 Written question to the Minister of Enterprise, Trade and Investment

To ask the Minister of Enterprise, Trade and Investment what financial provision is available to small and medium-sized enterprises in East Londonderry to expand following initial set-up.

Asked by Claire Sugden MLA on 2 September 2014

  • Answered
  • Written
Tabled
2 September 2014
Answer due by
17 September 2014
Answered
12 September 201410 days after tabling
Department
Department for the Economy
Priority question
No

Answer

Invest NI works with businesses across Northern Ireland providing a comprehensive range of support to existing businesses and entrepreneurs who are already or have the potential to trade outside of Northern Ireland.

Invest NI targets its financial support to businesses operating within the manufacturing and services sectors which have export potential, as these are the sectors capable of generating net income for the Northern Ireland economy.

When assessing a business case for support, Invest NI looks for an increase in turnover, export sales and employment levels as a result of any financial assistance that may be offered. When financial support is offered, it is tailored to meet the individual needs of the business.

Financial support may be available to businesses to help with employment, exporting, research & development and other specific areas of business improvement.

Invest NI has a dedicated support team in place to deal with business enquiries. The

telephone number is 0800 181 4422. Alternatively I would encourage your constituents to contact Invest NI’s regional office in Londonderry (telephone 028 7126 7257) to discuss the range of support currently available.

Official sources