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