Invest NI supports creation of 11,000 jobs
16 May 2014
Invest NI, Northern Ireland’s economic development agency, supported the creation of almost 11,000 jobs in the province in the 2013-14 financial year, according to its end of year results.
Fri, 16 May 2014Invest NI, Northern Ireland’s economic development agency, supported the creation of almost 11,000 jobs in the province in the 2013-14 financial year, according to its end of year results.
The body secured over £1bn of new investment and encouraged almost £250m of R&D (research and development). This brings to 18,000 the number of new jobs created as a result of its work during the last three years.
During the year, Invest NI helped secure the two largest ever job creation projects since the organisation was established – Concentrix and Stream International – which between them expect to deliver over 2,000 new jobs.
Invest NI chief executive officer Alastair Hamilton says: “Our jobs fund last year alone promoted over 4,500 jobs and almost 2,000 created, showing that this initiative is helping create jobs across the spectrum, from financial assistance to individuals resident in Neighbourhood Renewal Areas or young people not in employment, education or training (NEETS), through to major projects such as Concentrix, Stream and BT.
“It is particularly encouraging that, since the introduction of the scheme, some 55% of the jobs created have been taken up by people previously unemployed or economically inactive, providing opportunities for them to develop their skills and build their experience.”
The body secured over £1bn of new investment and encouraged almost £250m of R&D (research and development). This brings to 18,000 the number of new jobs created as a result of its work during the last three years.
During the year, Invest NI helped secure the two largest ever job creation projects since the organisation was established – Concentrix and Stream International – which between them expect to deliver over 2,000 new jobs.
Invest NI chief executive officer Alastair Hamilton says: “Our jobs fund last year alone promoted over 4,500 jobs and almost 2,000 created, showing that this initiative is helping create jobs across the spectrum, from financial assistance to individuals resident in Neighbourhood Renewal Areas or young people not in employment, education or training (NEETS), through to major projects such as Concentrix, Stream and BT.
“It is particularly encouraging that, since the introduction of the scheme, some 55% of the jobs created have been taken up by people previously unemployed or economically inactive, providing opportunities for them to develop their skills and build their experience.”
