Menu
14/02/2015
MFI Aims To Support 1,000 Jobs This Year
Microfinance Ireland (MFI) is aiming to support 1,000 jobs in 2015 through providing finance to micro-enterprises who have been unable to secure funding elsewhere.
Since its inception in October 2012, more than 1,000 jobs have been supported by Microfinance Ireland through its lending to businesses which have 10 employees or less and a turnover of less than €2m per annum.
The Government provided funding of €10m as part of the Action Plan for Jobs to enable Microfinance Ireland provide loan finance to micro-enterprises who have not been able to access loans elsewhere.
Minister for Business and Employment and Labour TD Ged Nash TD said: "Government initiatives like Microfinance Ireland are now bearing real fruit, impacting on real jobs and providing real hope for business people and their families who are entrepreneurs. These people create jobs – not just take them up.
"I am particularly pleased to see that 75% of the micro-enterprises surveyed by Microfinance Ireland say they plan to hire new staff this year. Small and medium size businesses really are the engine of our economy and this level of confidence among Microfinance Ireland's clients bodes well for our targets to return to full employment by 2018."
(CD/IT)
Since its inception in October 2012, more than 1,000 jobs have been supported by Microfinance Ireland through its lending to businesses which have 10 employees or less and a turnover of less than €2m per annum.
The Government provided funding of €10m as part of the Action Plan for Jobs to enable Microfinance Ireland provide loan finance to micro-enterprises who have not been able to access loans elsewhere.
Minister for Business and Employment and Labour TD Ged Nash TD said: "Government initiatives like Microfinance Ireland are now bearing real fruit, impacting on real jobs and providing real hope for business people and their families who are entrepreneurs. These people create jobs – not just take them up.
"I am particularly pleased to see that 75% of the micro-enterprises surveyed by Microfinance Ireland say they plan to hire new staff this year. Small and medium size businesses really are the engine of our economy and this level of confidence among Microfinance Ireland's clients bodes well for our targets to return to full employment by 2018."
(CD/IT)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
07 March 2019
New Terex Facility Brings 100 Jobs To L'Derry
Global company Terex has announced plans to build a new manufacturing facility in L'Derry, adding to its eight other sites in Northern Ireland and bringing 100 jobs to the area.
New Terex Facility Brings 100 Jobs To L'Derry
Global company Terex has announced plans to build a new manufacturing facility in L'Derry, adding to its eight other sites in Northern Ireland and bringing 100 jobs to the area.
14 January 2015
Randox To Create 540 New Jobs
First Minister Peter Robinson and deputy First Minister Martin McGuinness have announced global diagnostics firm, Randox, is to create 540 quality jobs over four years resulting from a £29m capital investment. Randox, headquartered in Crumlin, Co.
Randox To Create 540 New Jobs
First Minister Peter Robinson and deputy First Minister Martin McGuinness have announced global diagnostics firm, Randox, is to create 540 quality jobs over four years resulting from a £29m capital investment. Randox, headquartered in Crumlin, Co.
15 June 2005
NI jobs growth continues
Latest labour market figures have shown that Northern Ireland is continuing to experience jobs growth, with the highest number of employee jobs on record.
NI jobs growth continues
Latest labour market figures have shown that Northern Ireland is continuing to experience jobs growth, with the highest number of employee jobs on record.
19 May 2015
ER Media To Create Seven New Jobs
ER Media in Banbridge is investing almost £400,000 and creating seven new jobs as part of plans to grow its global sales via its e-commerce printing web sites Need A Print and Pixa Prints.
ER Media To Create Seven New Jobs
ER Media in Banbridge is investing almost £400,000 and creating seven new jobs as part of plans to grow its global sales via its e-commerce printing web sites Need A Print and Pixa Prints.
-
Northern Ireland WeatherToday:A very mild, but mostly cloudy day, although with some bright or sunny spells. It will be mostly dry in the morning, but a little patchy light rain or drizzle at times in the afternoon. Maximum temperature 14 °C.Tonight:A band of heavier rain will move east during the evening before clearing eastwards after midnight. then mostly dry through the early hours, but a little rain towards dawn. Minimum temperature 8 °C.
