AQW 14110/11-15 Written question to the Minister of Enterprise, Trade and Investment
To ask the Minister of Enterprise, Trade and Investment how many businesses in the East Antrim area obtained funding under the Jobs Fund during 2012, broken down by each of the maximum grants.
Asked by Stewart Dickson MLA on 11 September 2012
- Answered
- Written
- Tabled
- 11 September 2012
- Answer due by
- 26 September 2012
- Answered
- 24 September 201213 days after tabling
- Department
- Department for the Economy
- Priority question
- No
Answer
To date during 2012 a total of 8 businesses in East Antrim have received offers of support through the Jobs Fund for employment based investment projects which collectively have the potential to create a total of 29 new jobs.
Under the Jobs Fund scheme the grant offered is determined by the salaries of the jobs being created and ranges from £3,000 per job to £7,000 per job. The 8 projects supported in East Antrim range from a one person employment project with a grant offer of £7,000 to a 15 person project with a total grant offer of £45,000.
In addition to these company investment projects, the Jobs Fund also provided support to three young people in East Antrim (aged 16-24 Not in Education, Employment or Training) to set up a new business through the NEET Business Start Grant.
The Jobs Fund work is ongoing and Invest NI is continuing to build a pipeline of projects that may lead to further new job creation in East Antrim in the near future.