Menu
29/01/2015
Minister Praises Small Business Loan Fund
Finance Minister Simon Hamilton MLA has visited renewable energy business Coolsky Ltd in Newtownards, a local business supported by the NI Small Business Loan Fund.
The Fund provides access to finance for small businesses, sole traders and partnerships that find it difficult to secure funding through traditional sources.
Coolsky Ltd design and manufacture solar heating systems and renewable heating controls for both commercial and domestic use and received £15,000 from the Small Business Loan Fund in 2013 to purchase stock and assist working capital.
Speaking at Coolsky, the Minister said: "The Small Business Loan Fund has been a real success. It has provided much needed access to funds for more than 120 businesses, amounting to some £2.5million.
"This Newtownards business is testimony to the benefits of the Fund, which continues to attract strong interest and remains an important part of Invest NI's Access to Finance portfolio.
"The Fund has also proven to be an effective way of helping people right across Northern Ireland to set up their own business, or to expand an existing business as Coolsky has demonstrated.
"Small businesses are the lifeblood of our economy and it is only right that they are properly supported. I hope that many more businesses in the same position avail of this opportunity."
(CD/JP)
The Fund provides access to finance for small businesses, sole traders and partnerships that find it difficult to secure funding through traditional sources.
Coolsky Ltd design and manufacture solar heating systems and renewable heating controls for both commercial and domestic use and received £15,000 from the Small Business Loan Fund in 2013 to purchase stock and assist working capital.
Speaking at Coolsky, the Minister said: "The Small Business Loan Fund has been a real success. It has provided much needed access to funds for more than 120 businesses, amounting to some £2.5million.
"This Newtownards business is testimony to the benefits of the Fund, which continues to attract strong interest and remains an important part of Invest NI's Access to Finance portfolio.
"The Fund has also proven to be an effective way of helping people right across Northern Ireland to set up their own business, or to expand an existing business as Coolsky has demonstrated.
"Small businesses are the lifeblood of our economy and it is only right that they are properly supported. I hope that many more businesses in the same position avail of this opportunity."
(CD/JP)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
06 November 2015
Council Hosts 'Small Business Saturday Bus Tour'
Belfast City Council hosted the 'Small Business Saturday Bus Tour' at City Hall on Thursday, 05 November, which is touring the UK to highlight small business success and encourage people to 'shop local'.
Council Hosts 'Small Business Saturday Bus Tour'
Belfast City Council hosted the 'Small Business Saturday Bus Tour' at City Hall on Thursday, 05 November, which is touring the UK to highlight small business success and encourage people to 'shop local'.
07 December 2017
NI Business Owner Visits 10 Downing Street
A business owner from Northern Ireland has just returned from her visit to 10 Downing Street as part of this year's Small Business Saturday Top 100.
NI Business Owner Visits 10 Downing Street
A business owner from Northern Ireland has just returned from her visit to 10 Downing Street as part of this year's Small Business Saturday Top 100.
03 December 2015
Local Firms To Host Events To Mark Small Business Saturday
Many local business associations are holding events this weekend to mark Small Business Saturday, supported by Belfast City Council.
Local Firms To Host Events To Mark Small Business Saturday
Many local business associations are holding events this weekend to mark Small Business Saturday, supported by Belfast City Council.
26 October 2011
Hamilton Reiterates Support For Small Businesses
Strangford DUP MLA Simon Hamilton has told an audience of business people in Lisburn that the Stormont Assembly must maintain its support for Northern Ireland's small business sector during these difficult times.
Hamilton Reiterates Support For Small Businesses
Strangford DUP MLA Simon Hamilton has told an audience of business people in Lisburn that the Stormont Assembly must maintain its support for Northern Ireland's small business sector during these difficult times.
08 November 2018
Public Urged To Support Small Businesses
The Lord Mayor welcomed the Small Business Saturday campaign bus to Belfast on Friday, 02 November, in the run up to 'Small Business Saturday' on 01 December. Councillor Deirdre Hargey joined the Federation of Small Businesses (FSB) and others to support the grassroots campaign which encourages people to support small businesses and shop local.
Public Urged To Support Small Businesses
The Lord Mayor welcomed the Small Business Saturday campaign bus to Belfast on Friday, 02 November, in the run up to 'Small Business Saturday' on 01 December. Councillor Deirdre Hargey joined the Federation of Small Businesses (FSB) and others to support the grassroots campaign which encourages people to support small businesses and shop local.
-
Northern Ireland WeatherToday:There will be a mixture of bright intervals and a few showers. Best of the sunny spells will be near the North Coast. Feeling on the cool side. Maximum temperature 10 °C.Tonight:Showers will gradually die out during the evening. A cold night with long clear spells leading to a touch of frost in places. Minimum temperature 0 °C.
