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64 new jobs to be created with €262K in grants to fingal businesses

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64 new jobs to be created with €262K in grants to fingal businesses

64 new jobs to be created with €262K in grants to fingal businesses
July 07
14:11 2016

In the latest announcement of job-creation grants by the Fingal Local Enterprise Office (LEO),  it was announced that sixty-four new jobs and over €262,500 in financial supports have been announced for sixteen Fingal start-ups and growing small businesses .

The sixteen local businesses were approved for business priming grants, business expansion grants and innovation grants by the Evaluation Committee of the Fingal Local Enterprise Office this month.

The Mayor of Fingal Cllr. Darragh Butler and the Chief Executive of Fingal County Council Paul Reid presented grant approval letters to each of the 16 businesses at a specially convened awards event in County Hall today, 5th July.

The sixteen start-up companies (located in Swords, Balbriggan, Howth Junction, Portmarnock, The Ward, Castleknock, Blanchardstown, Skerries, The Naul, Malahide and Lusk) were approved for Business Priming and Business Expansion Grants.

Included in this “crop” of exciting businesses are six food and drink start-ups, including Fingal’s first substantial Craft Beer brewery, a ready to cook vegetable meal producer and a ready to go healthy breakfast producer.

In addition, the Local Enterprise office approved funding for new jobs in international corporate tourism, an export-oriented craft producer, a cloud based business intelligence company specialising in hospital services, an engineering company producing solutions for food production, a ceramics manufacturer, a precision engineering company, a chemical product provider, and an Android tablet developer creating products for the over 65’s.

A Business ‘Priming Grant’ is a business start-up grant for qualifying small businesses.  The Business ‘Expansion grant’ is designed to assist the business in its growth phase after the initial 18 month start-up period.

Feasibility Study Grant assistance is provided to individuals or businesses that wish to develop new products or services or explore international markets. Business Priming and Expansion grants are capped at €80,000 per application, while Feasibility Study grants are €20,000 maximum.

Mayor Darragh Butler today commented, “Local business is the lifeblood of our economy and the local authority has a crucial role to ensure that small businesses and start-ups are given every opportunity to succeed.”

He added, “I am delighted that our Local Enterprise Office in Fingal is proactively and successfully encouraging and incentivising entrepreneurship.”

 

Fingal Local Enterprise Office is one of 31 dedicated teams across the Local Authority network in Ireland. It is for people interested in starting up a new business or already in business including entrepreneurs, early stage promoters and small businesses looking to expand. The team at Fingal comprises a wide range of experience, skill and services to offer you advice, information, training and support in starting up or growing your business.

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