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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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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
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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
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The Co-operative/Enterprise Agency 12 unpaid voluntary directors from across Newry & Mourne – Board includes a Council nominee (+ two other Councillors as ‘citizens’)
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STRATEGIC OBJECTIVES Developing business infrastructure Promoting enterprise Urban/rural regeneration Partnership working Positive media
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Developing business infrastructure
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Affordable Workspace WIN Newry WIN Warrenpoint WIN Flurrybridge WIN Kilkeel (Binnian) Forkhill
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The Work In Newry Model WIN WorkspaceRental JobsSustainable Enterprise Agency Prosperity Social & Political Stability
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WIN BUSINESS PARK 75 Businesses occupying 96,922 sq ft. Employing more than 400 people.
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WARRENPOINT ENTERPRISE CENTRE Ph1 16 Businesses occupying 17,840 sq ft. Employing more than 30 people
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FLURRYBRIDGE ENTERPRISE CENTRE 2013 26 Businesses occupying 58,500 sq ft. Employing more than 150 people.
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BINNIAN ENTERPRISE CENTRE Ph1 5 Businesses occupying 23,000 sq ft. Employing more than 40 people
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Forkhill District Development Association 9 Businesses occupying 20,000 sq ft. Employing 20 people.
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Former Forkhill Army Base
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Crossmaglen Enterprise Centre 4,000 sq ft 4 businesses Employing 15 people
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PROPOSAL for a COMMUNITY ENTERPRISE CENTRE at CARNAGAT, NEWRY Funded by DSD Neighbourhood Renewal
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Promoting enterprise
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self-employment self-reliance sectoral diversity local commitment strong multiplier effect The Micro-enterprise economy:
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BUSINESS START: ‘G0-FOR-IT’ (State support programme delivered by NMEA)
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PROMOTING CROSS BORDER TRADE ‘TRADELINKS’ EU INTERREG Programme
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Supporting Social Enterprises ‘SOCIAL ENTREPRENEURSHIP PROGRAMME’
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Transnational Business Networks LEONARDO; ERASMUS
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Developing links between Newry & Mourne, Europe and North America
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Urban & rural regeneration
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Canal Street Re-development
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Canal Street Regeneration First Derivatives HQ
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Partnership Working
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Enterprise N.Ireland Federation of 32 Local Enterprise Agencies across N.Ireland
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Cross Border Strategy Newry and Mourne/Louth East Border Region
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Positive Media
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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
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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
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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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