Menu
21/01/2014
Invest NI Meets 4,000 Jobs Target
Invest Northern Ireland’s Jobs Fund has exceeded its Programme for Government target to create 4,000 jobs by March 2014.
The Jobs Fund was introduced in November 2011 with a target to create 4,000 jobs by March of this year and promote 6,300 jobs by March 2015.
Recent figures show that as of the end of December 2013, the Fund has promoted over 7,500 jobs and created over 4,177.
"The Jobs Fund has been instrumental in helping local companies create new jobs quickly," said Enterprise Minister Arlene Foster.
"This initiative was introduced by Invest NI when businesses were facing difficulties due to the economic downturn. The performance of the Jobs Fund speaks for itself in how it has clearly met the needs of businesses. Not only has it created new employment in Northern Ireland, but the Fund has also helped the 1,687 companies to win new business, reach new markets and grow."
The Jobs Fund includes a number of measures aimed at supporting the creation of jobs, including streamlined processes to help local businesses create jobs quickly, funding to support new business start-ups by those in Neighbourhood Renewal Areas (NRA), those Not in Employment, Education or Training (NEET) and by social enterprises.
(IT/MH)
The Jobs Fund was introduced in November 2011 with a target to create 4,000 jobs by March of this year and promote 6,300 jobs by March 2015.
Recent figures show that as of the end of December 2013, the Fund has promoted over 7,500 jobs and created over 4,177.
"The Jobs Fund has been instrumental in helping local companies create new jobs quickly," said Enterprise Minister Arlene Foster.
"This initiative was introduced by Invest NI when businesses were facing difficulties due to the economic downturn. The performance of the Jobs Fund speaks for itself in how it has clearly met the needs of businesses. Not only has it created new employment in Northern Ireland, but the Fund has also helped the 1,687 companies to win new business, reach new markets and grow."
The Jobs Fund includes a number of measures aimed at supporting the creation of jobs, including streamlined processes to help local businesses create jobs quickly, funding to support new business start-ups by those in Neighbourhood Renewal Areas (NRA), those Not in Employment, Education or Training (NEET) and by social enterprises.
(IT/MH)
Related Northern Ireland News Stories
Click here for the latest headlines.
13 February 2024
NI Fastest Growing UK Region For New Companies
Northern Ireland was the fastest-growing region of the UK for newly registered companies in 2023, according to a new index from Ulster Bank and Beauhurst. The New Startup Index highlights how in 2023 Northern Ireland gained 14,000 new companies, a 59% increase on 2022.
NI Fastest Growing UK Region For New Companies
Northern Ireland was the fastest-growing region of the UK for newly registered companies in 2023, according to a new index from Ulster Bank and Beauhurst. The New Startup Index highlights how in 2023 Northern Ireland gained 14,000 new companies, a 59% increase on 2022.
12 April 2024
Shankill Juniors FC Named 'Anchor Club' For New Woodvale Park
Shankill Juniors FC has been announced as the official "anchor club" for the new 3G pitch currently in development at Woodvale Park. Work is underway on the £200,000 project at Woodvale Park, which will see an ageing multi-use games area in the park transformed into a new nine-a-side football pitch with LED floodlights.
Shankill Juniors FC Named 'Anchor Club' For New Woodvale Park
Shankill Juniors FC has been announced as the official "anchor club" for the new 3G pitch currently in development at Woodvale Park. Work is underway on the £200,000 project at Woodvale Park, which will see an ageing multi-use games area in the park transformed into a new nine-a-side football pitch with LED floodlights.
11 April 2024
Ministers Welcome Launch Of £1.1m East Belfast Redevelopment
Ministers have welcomed the start of an ambitious new, £1.1 million redevelopment project aimed at improving community relations and tackling homelessness in East Belfast.
Ministers Welcome Launch Of £1.1m East Belfast Redevelopment
Ministers have welcomed the start of an ambitious new, £1.1 million redevelopment project aimed at improving community relations and tackling homelessness in East Belfast.
20 March 2024
New £575,000 Immersive Technologies Challenge Fund Announced
A new £575,000 Augment the City Challenge Fund has been announced to support innovation in immersive technologies. Led by Belfast City Council's City Innovation Office and funded by the Belfast Region City Deal, the fund will open in April 2024, to support local SMEs to explore the future role of immersive technologies in visitor experiences.
New £575,000 Immersive Technologies Challenge Fund Announced
A new £575,000 Augment the City Challenge Fund has been announced to support innovation in immersive technologies. Led by Belfast City Council's City Innovation Office and funded by the Belfast Region City Deal, the fund will open in April 2024, to support local SMEs to explore the future role of immersive technologies in visitor experiences.
18 April 2002
Dodds announces extra help for “most needy" in society
The Minister for Social Development, Nigel Dodds, has announced a further £1.73 million cash injection for the Northern Ireland Social fund. The increase brings the Social Fund, which helps the most needy people in society up to a total to £51 million for the next year.
Dodds announces extra help for “most needy" in society
The Minister for Social Development, Nigel Dodds, has announced a further £1.73 million cash injection for the Northern Ireland Social fund. The increase brings the Social Fund, which helps the most needy people in society up to a total to £51 million for the next year.
-
Northern Ireland WeatherThis Evening and Tonight:Cloudy start and the chance of the odd evening shower. Soon becoming dry with prolonged clear spells allowing fog patches to develop in places. Cloud increases in the early hours with patchy rain northwest towards morning. Minimum temperature 3 °C.
