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Boylan concerned at scrapping of Incentive grant for new business people

11 April, 2008

Sinn Féin MLA, Cathal Boylan, has voiced his dismay on after being informed that the incentive grant for people who wish to start their own business is to be scrapped.

Mr Boylan said:

"Information I have received has stated that from 1st of April 2008, the incentive grant of £400 for those who take part in the Start a Business Programme will no longer be available.

"These programmes are an essential element in providing help and training for many hundreds of people who wish to pursue the option of starting their own small to medium enterprises.

"It is felt very strongly by those who provide the Start a Business Programme that this relatively small grant is a major incentive for those who take part.

'The Start a Business Programme has been responsible for bringing hundreds of people from unemployment and employment to self employment and in many cases where significant success has been achieved, to be an employer of others. They are a major factor in the local economy and this small incentive that may be the difference to people availing of the programme should be retained.

"I am part of a delegation of Sínn Feín MLA's which is meeting Senior members of the Invest NI team in Stormont next week, initially on my own part, to discuss their investment strategy and future plans for the Armagh City and District area, but I will certainly be taking the opportunity to raise my concerns about this issue at that meeting." ENDS

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