Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX WELCOME 19 th June 2013

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Townsend Enterprise Park Ltd is registered as a company limited by guarantee in Northern Ireland (No 20329) and is registered as a charity for tax purposes with the Inland Revenue (No XR 93502). All Directors of Townsend Enterprise Park Ltd are unpaid volunteers The objectives of the company are: “..to encourage the development of small and medium sized businesses in this community thereby creating employment and providing a focus for the social and economic regeneration ”

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Key characteristics of the Townsend Project A neutral working environment Good business = jobs = prosperity = stability Common bond at Board level – reinvestment of time, skills and expertise Long term strategy Strong community ethos No barriers to discussion, involvement or action Collective responsibility

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Our Organisation... Chairman John Palmer Board of 11 voluntary members Finance & Personnel Sub Committee Business Development & Property Sub Committee

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX :TeP formed to acquire Park from IDB 1987 :Bus Plan agreed and Finance sourced 1988 :Phase 1 Building constructed 1989 : Phase 1 fully let 1993 : Phase 2 planned The Park - so far...

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX The Park – Phase 2

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Cargill Street Development The Park – Phase 2

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX : Phase 2 building commenced 1996 : Phase 2 ready for business The Park – Phase 2

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Companies in small IDB units - 30 people employed Companies on site people employed Companies on site people employed companies on site - Employment on-site 350 approx The Park – Phase 2

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX % occupation (June 2013) Manufacturing Computers Kitchen Equipment Sportswear Food Preparation Bakery Third SectorWelcome Centre Friends of St Therese Service Sectors Computers Business Consults Graphic Design Video production The Park – Phase 2

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Funding and Finance Initial Funding Phase 1 - £850k LEDU and IFI - £450k Northern Bank Mortgage - £250k Friends of Ireland - £150 Phase 2 - £900k LEDU and IFI - £400k EDCS Mortgage - £300k Irish American Partnership - £100k Making Belfast Work - £50k Townsend own resources - £50k

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Turnover284,400274,993286,763253,012304,156293,752247,515242,628 Establishment Expenses78,69682,79780,504101,827241,417276,227225,143192,979 Admin Expenses208,434211,034161,656115,22628,08630,46730,63337,095 Operating Profit (loss)-2,730-18,83822,16020,93034,653-12,937-8,26112,554

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Rental Revenue from the Estate Training Income Tradelinks – InterTrade Ireland Go for It – InvestNI Business Services Room Hire Business Support Services Print/Copy Secretarial Services Answering and Mailbox services Our Income… £65k transferred to Enterprise NI to establish Loan Fund in 2003

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Greater support for business outside the Park Encouragement of E-Business Maintaining the fabric of the Estate Encourage migration from “grey/black” economy to the conventional economy Consolidate relationships with economic development community Identify and harvest further training opportunities (Local - UK/IR and transnational) The Future

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX Property Management All Directors of Townsend Enterprise Park Ltd are unpaid volunteers and are also Directors of CORE-VISION Ltd. Directors can also act as contractors on CORE- VISION Ltd projects and are paid professional fees on an agreed basis for this work. All profits generated by CORE-VISION Ltd are gift aided to Townsend Enterprise Park Ltd to assist in meeting the objectives of the company. Phase 3

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX CORE-VISION Ltd provides business training and business development services to clients in the following areas: · Management Development Training · Training audits – baseline assessments · The Business Planning process (Finance, Marketing, Operations) · Retail Management skills · Market Research techniques · Financial Management · PR/Media Management skills for SMEs · Social Media Management · Governance · The Role of a Director · Confidentiality and Data Protection issues · Business idea generation This list of business development and training services is not exhaustive and on-line versions may also be available for some of these subject matter areas.

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX

Townsend Enterprise Park Ltd Townsend Street, BELFAST BT13 2ES - Tel FAX