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24/06/2021
More Than £27.25m Paid Out To Businesses Across NI
A total of 552 businesses across Northern Ireland have benefitted from more than £27.25 million under the Department of Finance's Large NAV Business Grant Scheme.
The scheme being delivered by Land & Property Services provides financial support to businesses with a Net Annual Value of over £51,000 which also qualified for the 12 months rates holiday.
Following visits to Exact Group, a precision engineering firm and Louis Boyd in Newry which will benefit from the grants, Finance Minister Conor Murphy said: "This scheme closed for applications just over a month ago and so far Land & Property Services has paid out over £27 million to businesses across all council areas.
"A wide range of businesses will benefit including; retail stores, engineering companies, caravan parks and garden centres. It's great to have the opportunity to visit businesses which have received the £50,000 grant and to hear the positive difference this funding will make."
Minister Murphy concluded: "These larger businesses are a vital part of our economy, employing many people locally. I was determined to ensure financial assistance was provided to these businesses which have been unable to access support up until now."
The scheme being delivered by Land & Property Services provides financial support to businesses with a Net Annual Value of over £51,000 which also qualified for the 12 months rates holiday.
Following visits to Exact Group, a precision engineering firm and Louis Boyd in Newry which will benefit from the grants, Finance Minister Conor Murphy said: "This scheme closed for applications just over a month ago and so far Land & Property Services has paid out over £27 million to businesses across all council areas.
"A wide range of businesses will benefit including; retail stores, engineering companies, caravan parks and garden centres. It's great to have the opportunity to visit businesses which have received the £50,000 grant and to hear the positive difference this funding will make."
Minister Murphy concluded: "These larger businesses are a vital part of our economy, employing many people locally. I was determined to ensure financial assistance was provided to these businesses which have been unable to access support up until now."
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
