The impact in

Aghanloo Industrial EstateAghanloo RoadLimavadyBT49 0HE

Tel: 028 7776 3555Web: www.enterpriseni.com

Local Enterprise Agencies in Derry City and Strabane District Council area:

Enterprise North WestTel: 028 7135 2693Web: www.enterprisenw.com Email: info@enterprisenw.com

Strabane Enterprise AgencyTel: 02871 382518Web: www.seagency.co.ukEmail: info@seagency.co.uk

Jobs safeguarded by Jobs created by receipt of Northern Ireland receipt of Northern Ireland Small Business Loan Small Business Loan54 full-time jobs 37 full-time jobs39 part-time jobs 34 part-time jobs

Catering, Hospitality& Tourism

Retail/wholesale

Digital Media& Technology

Childcare/Healthcare

Leisure/Personal Services

3 2 4

Enterprise Northern Ireland, through its regional network of

Local Enterprise Agencies, delivers a comprehensive suite of programmes

and business support interventions to help new businesses start, and existing

business develop and grow, in the Derry City and Strabane District Council area.

This publication details the significant contribution made by Enterprise Northern

Ireland in terms of delivering pre-enterprise and start-up support, and

financial assistance, to new and existing businesses in the Derry City and

Strabane District Council area over the past three years*.

SUPPORTING BUSINESSES ACCESS TO FINANCE - THE IMPACT IN YOUR AREA

Northern Ireland Small Business Loan Fund

The Northern Ireland Small Business Loan Fund (NISBLF) is funded by Invest NI as part of their ‘Access to Finance Strategy’, and is delivered by the partnership of Enterprise Northern Ireland and Ulster Community Investment Trust.

Launched in April 2013, NISBLF has now provided funding to over 220 small businesses that either could not access tradi-tional mainstream funding from the banks or who have ex-hausted existing facilities. The total value of these loans is just under £5 million, with a further £2 million per year available for lending going forward.

The fund has allowed many businesses to pursue a wide range of projects, safeguarding and creating new jobs as part of their growth and expansion plans.

Between April 2013 to March 2016, in the Derry City and Strabane District Council area:

17 NISBLF loans have been dispersed, worth £261,500

Type of business securing loanNew businesses 6Existing businesses 11

Loan recipients by business sector

2 6

SUPPORTING BUSINESS PRE-START – THE IMPACT IN YOUR AREA

Exploring Enterprise3 ProgrammeExploring Enterprise3 programme (EE3p) is a pre-start enterprise programme targeting disadvantaged groups who are unemployed/economically inactive, or are working/training less than 16 hours per week. It provides them with the opportunity to explore self-employment as an option to enter and/or return to the labour market.

The programme provides an insight into starting a business whilst allowing participants to work towards achieving a CCEA Level I Understanding Business Enterprise qualification, and assists individuals into and through the mainstream business support/further education options, such as FE colleges. It provides work study visits to local businesses, mentoring support, pre-training personal development assessment and a post-training personal development plan to help improve participant’s skills and employability prospects.

Participants

SUPPORTING BUSINESS START-UP – THE IMPACT IN YOUR AREA

Regional Start InitiativeRegional Start is the national business start-up programme for Northern Ireland. Regional Start has been delivered by Enterprise Northern Ireland and the Local Enterprise Agency network since the programme’s inception in October 2012. Enterprise Northern Ireland and its members have therefore made a significant impact in terms of helping, nationally, more than 11,000 would-be business owners to develop business plans and start new enterprises through the provision of a range of guidance, support, training and business clinics to develop and grow businesses.

*Between October 2012 to March 2016, in Derry City and Strabane District Council area:1084 Regional Start business plans produced

Breakdown by age

Breakdown by economic status

0 50 100 150 200 250 300 350 400

279376

947

2714

26107

1468Carer

Employed Full-timeEmployed Part-time

Home MakerLong-Term Sick

OtherRetired

Self-employedUnemployed < 1yrUnemployed > 1yr

Breakdown by emerging business sector

SUPPORTING BUSINESSES ACCESS TO FINANCE - THE IMPACT IN YOUR AREA

Enterprise Northern Ireland Start-Up Loan FundStart Up Loans through Enterprise Northern Ireland are offered to new business start-ups or those who have been trading for less than two years. Offered to those who have been unable to secure funding through a high street bank, the Enterprise Northern Ireland Start Up Loan Fund is playing a key role in boosting the economy by giving more people the chance to make their entrepreneurial dream a reality. Since its inception in November 2013 to 31st March 2016, Enterprise Northern Ireland distributed 379 Start Up Loans totalling £2,078,628.58 to new businesses across Northern Ireland.

*Between November 2013 to March 2016, in the Derry City and Strabane District Council area:

40 Enterprise Northern Ireland Start Up Loans were approved, worth £233,400 Loan recipients by business sector

Loan recipients by age Loan recipients by gender 18-24 2 25-34 20 35-44 12 45-54 4 55-64 1 65+ 1

Mentoring support is known to increase the chances of success as it can strengthen the business and the individual’s entrepreneurial skills. Post-loan mentoring is offered to all Enterprise Northern Ireland Start Up Loan recipients. In Derry City and Strabane District Council area:

Accepted mentoring 30

Enterprise Northern Ireland is an official Delivery Partner of the Start Up Loans Company.

16-24 25-34 35-44 45-54 55-64 65+

97 424 326 174 60 3

Agri-food

ICT

Childcare/Healthcare

Leisure/PersonalServices

Construction CreativeIndustries

Manufacturing

Engineering

Retailing

Green/Renewable

Hospitality& Tourism

OtherProfessionalServices

LifeSciences

18 47 68 59 11 6 24

21 583 1 22 103 87 34

8 4 6 1 1 2

ManualServices

Construction/Manufacturing

Food/Drink

Web

Healthcare Hospitality IT

OtherRetailing

Leisure/Sport

ProfessionalServices

Total: 77

40 37

Exploring Enterprise3 Programme is part-funded through the Northern Ireland European Social Fund Programme 2014-2020, the Department for the Economy, Enterprise Northern Ireland and the Local Enterprise Agencies.

*(Reporting period April 2013 – March 2016)

Outcomes

Into Into self- Into education/ employment: 15 employment: 10 training: 17

Qualification gained

Male 24 Female 3054

10 5 1 9 12 5

1084business

plans £233,400

29 11

1 4 4 2 7

programme

3

programme

3