16/02/2005

Minister opens new business resource centre

Enterprise Minister Barry Gardiner has opened a new £1.2 million Technology Incubation and Resource Centre in Omagh, which is expected to increase the number of hi-tech, innovative businesses operating in the region.

The 10,000 sq ft Centre will provide 19 technology incubation units and, in addition, a 2,000 sq ft Technology Resource Centre, funded by Omagh District Council, will provide support to local businesses and facilitate technology transfer from local colleges and the university.

Mr Gardiner said: “Earlier today, I announced that Northern Ireland’s unemployment level has reached 4.5% - the lowest level on record, and that it has fallen below the UK average for the first time ever.

“Job losses have been witnessed in traditional sectors in Omagh as in other parts of Northern Ireland. However, the developing, knowledge-based sectors are driving our economic growth. The development of these sectors will ensure that low unemployment rates are maintained and that Northern Ireland becomes a high value-added economy, able to compete globally.

The project is the initiative of Omagh Enterprise Company (OEC) and has been supported by the Department of Enterprise, Trade and Investment (DETI), Invest Northern Ireland, International Fund for Ireland (IFI) and Omagh District Council.

The investment is part funded by the EU Building Sustainable Prosperity Programme and Peace II.

(MB/SP)

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