Newry & Mourne Co-op & Enterprise Agency
Helping to shape Newry and Mourne’s economic
future
Dr Conor Patterson
•Established by founders of Newry Credit Union and others in 1972•The ‘Third Way’ (a ‘social enterprise’)•Charitable status
Newry & Mourne Co-operative and Enterprise Agency
Newry and Mourne Co-operative and Enterprise Agency
•Work In Newry – (WIN) 1975
•First community managed workspace in Ireland
•First Enterprise Agency in Ireland
•First Enterprise Loan Fund in Ireland
•Pioneering cross-border co-operation projects
•Founder of Enterprise Northern Ireland, the network of N.I.’s Local Enterprise Agency’s
The Co-operative/Enterprise Agency
•12 unpaid voluntary directors from across Newry & Mourne
– Board includes a Council nominee (+ two other Councillors as ‘citizens’)
STRATEGIC OBJECTIVES•Developing business infrastructure
•Promoting enterprise
•Urban/rural regeneration
•Partnership working
•Positive media
Developing business infrastructure
Affordable Workspace•WIN Newry
•WIN Warrenpoint•WIN Flurrybridge
•WIN Kilkeel (Binnian)•Forkhill
The Work In Newry Model•WIN
•Workspace Rental
•Jobs Sustainable Enterprise Agency
•Prosperity
•Social & Political Stability
WIN BUSINESS PARK
75 Businesses occupying 96,922 sq ft.Employing more than 400 people.
WARRENPOINT ENTERPRISE CENTRE Ph1
16 Businesses occupying 17,840 sq ft. Employing more than 30 people
FLURRYBRIDGE ENTERPRISE CENTRE 2013 26 Businesses occupying 58,500 sq ft. Employing more than 150 people.
BINNIAN ENTERPRISE CENTRE Ph1
5 Businesses occupying 23,000 sq ft. Employing more than 40 people
Forkhill District Development Association
9 Businesses occupying 20,000 sq ft. Employing 20 people.
Former Forkhill Army Base
Crossmaglen Enterprise Centre
4,000 sq ft
4 businesses
Employing 15 people
PROPOSAL for a
COMMUNITY ENTERPRISE CENTRE
at CARNAGAT, NEWRY
Funded by DSD Neighbourhood Renewal
Promoting enterprise
self-employment
self-reliance
sectoral diversity
local commitment
strong multiplier effect
The Micro-enterprise economy:
BUSINESS START:
‘G0-FOR-IT’ (State support programme delivered by NMEA)
PROMOTING CROSS BORDER TRADE
‘TRADELINKS’
EU INTERREG Programme
Supporting Social Enterprises
‘SOCIAL ENTREPRENEURSHIP PROGRAMME’
Transnational Business Networks
LEONARDO; ERASMUS
Developing links between Newry & Mourne, Europe and North America
Urban & rural regeneration
Canal Street Re-development
Canal Street Regeneration
First Derivatives HQ
Partnership Working
Enterprise N.Ireland• Federation of 32 Local Enterprise
Agencies across N.Ireland
Cross Border StrategyNewry and Mourne/Louth
East Border Region
Positive Media
Impact:Jobs, incomes, quality of life
•Last 10 years - almost 1,400 new businesses set up
• Employment for some 3,000
•2001-2011, 230 established local businesses helped to expand creating hundreds of new jobs and millions in new income
•Tens of millions £ in new income within the local economy every year
•Assisted more than 120 Social Enterprises which provide services to hundreds of people
Impact:Jobs, incomes, quality of life
•1039 families and some 5,000 people have benefited directly from other programmes (eg PEACE, TEP)
•Canal Street Regeneration (First Derivatives)
•Greater Newry Vision/ Enterprise NI
•Co-op directly employs13 full time
The EU/State Programme funding model for social enterprises
CostOverhead
Salary
25% from other core income
P11 + overhead allowance
Actual Funding
Cost
