Foster welcomes recession support for local business

Enterprise Minister Arlene Foster today welcomed the current series of business support seminars that are open to the wider business community across Northern Ireland.

The Minister was speaking at a Business Information Seminar in Banbridge this morning. It was part of a series that has been taking place during January and February, facilitated by Invest Northern Ireland in collaboration with NI Chamber of Commerce, Enterprise NI and councils throughout Northern Ireland.

The wider business community, beyond Invest NI client companies, can gain advice and support at the events in response to the current economic recession.

Speaking in the Belmont Hotel, Banbridge, Enterprise Minister Arlene Foster said: “Locally owned businesses are important drivers in the Northern Ireland economy and I am determined to provide them with effective help and support at this challenging time.

“These current seminars follow Invest NI’s very successful series of Credit Crunch events for its clients and are an excellent example of public and private sector working together in a bid to beat the recession.”

Delegates heard about the variety of practical help accessible to them in areas including marketing, cost reduction, cash flow management, energy efficiency, securing extra sales and product and service development. Independent one-to-one business advice was also on offer at the event.

Arlene Foster reaffirmed her commitment to doing whatever she could to help ease the economic pressures currently faced by local businesses. She said: “Today’s event offers clear, practical advice on what businesses can do on a day-to-day basis, to help them continue to trade in these challenging times.

“While this short-term help is invaluable, it is important to keep the medium-to-longer term priorities in mind. We must ensure that our local companies come out of this recession stronger and in pole position for when the global and national economies begin to strengthen.”