Manufacturing & Supply Chain

Invest NI commits £1.3 million to support local SMEs to grow exports by £12 million and create over 150 jobs

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Invest NI commits £1.3 million to support local SMEs to grow exports by £12 million and create over 150 jobs

Invest NI commits £1.3 million to support local SMEs to grow exports by £12 million and create over 150 jobs
March 24
10:07 2023
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Invest Northern Ireland’s Ambition to Grow Programme has offered support to 37 local companies to assist them to grow exports by £12 million and create 154 new jobs. Announced in October 2022, the competitive Ambition to Grow Programme is a £1.3 million regionally focused support programme. It focuses on supporting ambitious, innovative SMEs that are in the earliest stages of development and have had no support from Invest NI in the past five years.

Alan McKeown, Invest NI’s Executive Director of Regional Business said: “We designed Ambition to Grow as a new way to attract more companies to seek our support and increase our regional impact in Northern Ireland.

“Following a competitive process we have offered 37 export driven SMEs valuable financial support to create jobs, develop new products and enhance the skills of their teams. The support being provided is not solely financial, and the new companies we are working with will now have access to the advice and expertise of teams from across Invest NI including our overseas office network in 29 global locations who will support them to successfully scale their exports and compete globally.”

Support was awarded to applicants on a competitive basis. Applications were assessed and scored, with the highest scoring companies awarded funding, following a successful validation interview.

Alan McKeown continued: “What’s great about this programme is the impact these investments will have within local communities. Once in place, the 154 jobs will contribute almost £5 million in additional annual salaries to the NI economy.

“In addition, the new relationships being forged with businesses that we were previously not engaged with is likely to open conversations around investment in areas such as Research & Development and the Green Economy. This provides the opportunity to support these companies to deliver new innovation and business improvements that may not otherwise have happened.

“Investments like these will assist us to realise the ambitions in the Department for the Economy’s 10X Vision and ultimately accelerate 10X transformational change across our economy. We look forward to working with the companies to support them to grow their businesses through new employment, exports, and competing in global markets.”

The 37 successful Ambition to Grow companies

Customer Location
AM Civil Engineering Services Ltd Belfast
AM Electrical Services (NI) Ltd Dungannon
Architectural Timber Frames Ltd Dungannon
Bradmount Ltd Moneymore
Bró38 Ltd Drumaness
Cabinspace Ltd Magherafelt
Cloud Application Services Ltd Omagh
Connect Research Ltd Keady
Dundrum Bay Crab Products Limited Dundrum
Evander Hopper Design Ltd Cookstown
Fuse Pipeline Ltd Dungannon
Hundred Studio Ltd Belfast
Indie Velo Cheese Ltd Belfast
J. Lennon & Co. Limited Cookstown
Killbran Toy Trailers Dungannon
Lloyd & Cowan Ltd Moy
MTX Cloud Services Limited Dungannon
NMK Steel Ltd Magherafelt
Nomadic Watches Ltd Carrickfergus
Novogen Engineering Solutions Ltd Newtownabbey
PCD Contracts Ltd Ballymena
Premier Traffic Systems Limited Ballynahinch
QSEE Limited Belfast
Qualcom Managed Services Limited Mallusk
Rapid Agency (NI) Ltd Belfast
Roof Window Specialists Ltd Draperstown
Ross Companies Ltd Ballyclare
Scanmatix Limited Ballymena
Spadetown Brewery Ltd Lurgan
StileGlass Ltd Newcastle
Studio Idir Ltd Belfast
Team UIQ Ltd Belfast
The Change Innovation Services Ltd Belfast
The Dressmaker’s Apprentice Ltd Bangor
Uptime Labs Newry
Weev.ie Ltd Belfast
Weldex Engineering Ltd Dungannon

CAPTION:

Pictured alongside Alan McKeown, Invest NI’s Executive Director of Regional Business, and Invest NI Board member, Kieran Kennedy, are some of the successful companies of Invest NI’s Ambition to Grow Programme.


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