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Newry & Mourne Co-op & Enterprise Agency Helping to shape Newry and Mourne’s economic future Dr Conor Patterson.

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Presentation on theme: "Newry & Mourne Co-op & Enterprise Agency Helping to shape Newry and Mourne’s economic future Dr Conor Patterson."— Presentation transcript:

1 Newry & Mourne Co-op & Enterprise Agency Helping to shape Newry and Mourne’s economic future Dr Conor Patterson

2 Established by founders of Newry Credit Union and others in 1972 The ‘Third Way’ (a ‘social enterprise’) Charitable status Newry & Mourne Co-operative and Enterprise Agency

3 Newry and Mourne Co-operative and Enterprise Agency Work In Newry – (WIN) 1975 First community managed workspace in Ireland First Enterprise Agency in Ireland First Enterprise Loan Fund in Ireland Pioneering cross-border co-operation projects Founder of Enterprise Northern Ireland, the network of N.I.’s Local Enterprise Agency’s

4 The Co-operative/Enterprise Agency 12 unpaid voluntary directors from across Newry & Mourne – Board includes a Council nominee (+ two other Councillors as ‘citizens’)

5 STRATEGIC OBJECTIVES Developing business infrastructure Promoting enterprise Urban/rural regeneration Partnership working Positive media

6 Developing business infrastructure

7 Affordable Workspace WIN Newry WIN Warrenpoint WIN Flurrybridge WIN Kilkeel (Binnian) Forkhill

8 The Work In Newry Model WIN WorkspaceRental JobsSustainable Enterprise Agency Prosperity Social & Political Stability

9 WIN BUSINESS PARK  75 Businesses occupying 96,922 sq ft.  Employing more than 400 people.

10 WARRENPOINT ENTERPRISE CENTRE Ph1  16 Businesses occupying 17,840 sq ft.  Employing more than 30 people

11 FLURRYBRIDGE ENTERPRISE CENTRE 2013  26 Businesses occupying 58,500 sq ft.  Employing more than 150 people.

12 BINNIAN ENTERPRISE CENTRE Ph1  5 Businesses occupying 23,000 sq ft.  Employing more than 40 people

13 Forkhill District Development Association  9 Businesses occupying 20,000 sq ft.  Employing 20 people.

14 Former Forkhill Army Base

15 Crossmaglen Enterprise Centre  4,000 sq ft  4 businesses  Employing 15 people

16 PROPOSAL for a COMMUNITY ENTERPRISE CENTRE at CARNAGAT, NEWRY Funded by DSD Neighbourhood Renewal

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19 Promoting enterprise

20 self-employment self-reliance sectoral diversity local commitment strong multiplier effect The Micro-enterprise economy:

21 BUSINESS START: ‘G0-FOR-IT’ (State support programme delivered by NMEA)

22 PROMOTING CROSS BORDER TRADE ‘TRADELINKS’ EU INTERREG Programme

23 Supporting Social Enterprises ‘SOCIAL ENTREPRENEURSHIP PROGRAMME’

24 Transnational Business Networks LEONARDO; ERASMUS

25 Developing links between Newry & Mourne, Europe and North America

26 Urban & rural regeneration

27 Canal Street Re-development

28 Canal Street Regeneration First Derivatives HQ

29 Partnership Working

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31 Enterprise N.Ireland Federation of 32 Local Enterprise Agencies across N.Ireland

32 Cross Border Strategy Newry and Mourne/Louth East Border Region

33 Positive Media

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35 Impact:Jobs, incomes, quality of life Last 10 years - almost 1,400 new businesses set up Employment for some 3,000 2001-2011, 230 established local businesses helped to expand creating hundreds of new jobs and millions in new income Tens of millions £ in new income within the local economy every year Assisted more than 120 Social Enterprises which provide services to hundreds of people

36 Impact:Jobs, incomes, quality of life 1039 families and some 5,000 people have benefited directly from other programmes (eg PEACE, TEP) Canal Street Regeneration (First Derivatives) Greater Newry Vision/ Enterprise NI Co-op directly employs13 full time

37 The EU/State Programme funding model for social enterprises Cost Overhead Salary 25% from other core income P11 + overhead allowance ActualFunding Cost


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