Invest NI supports almost 600 new jobs in Mid and East Antrim

Jul 08, 2014

Almost 600 new jobs were promoted by Invest Northern Ireland in the new Mid and East Antrim super council area during 2013/14.

End of year results from Invest NI show higher levels of investment with almost £66 million invested by companies, such as the Wright Group, an increase of 37 per cent on the year before. This investment helped to promote 583 new jobs.

The figures also should strong entrepreneurial activity throughout the new council area with 201 new businesses started by local people in 2013/14.19 per cent of the total new jobs promoted were supported by the Regional Start Initiative.

Moira Loughran, Invest NI’s Eastern Regional Manager, said: “The statistics clearly demonstrate that business confidence is improving throughout the council area as companies prepare to take advantage of the steadily improving economy.

“Invest NI has been encouraging and assisting company of all sizes, both externally and locally-owned, to invest in growth by means of initiatives that will enhance their overall competitiveness. The strategic focus on promoting enterprise is also providing tangible benefits particularly in terms of employment opportunities throughout the area.”

Invest NI has put in place processes to enable accurate reporting of the actual number of jobs created as a direct result of the projects which it has assisted. In doing so, Invest NI is the first development agency in the United Kingdom or Republic of Ireland to report in this way across all its job support initiatives.

“We now have the ability to analyse all offers of financial support which were ‘live’ at the beginning of our Corporate Plan period (2011-12) and extracted job creation against these offers. This shows that 822 new jobs have been created in total in mid and east Antrim in the last three years,” added Moira.

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