£250k boost for new whisky distillery in Caithness
The HIE funding will help meet the costs of plant and equipment and help lever in significant private sector investment to the project.
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Businesses that meet the criteria will be eligible for both grants and a holistic business review with bespoke support based on their individual needs.
Carroll Buxton, deputy chief executive of HIE, said:
“Hotels are at the heart of our tourism sector, which is central to our regional economy and a vital source of rural employment.
“The hotel recovery programme will help protect these jobs and support this important network of businesses across our region recover from the impacts of the past few months.
“We very much look forward to working with our partner agencies to maximise the programme’s effectiveness.”
Details of the Hotel Support Programme are available on the Find Business Support website here.
The HIE funding will help meet the costs of plant and equipment and help lever in significant private sector investment to the project.
As a result of HIE’s support, businesses in the area are set to see combined turnover rise by £22.4m, while international sales will grow by £661,000.
The new product has been developed by Dunoon-based former construction industry director Allister Wood
There was support for businesses and social enterprises to lower emissions and improve efficiencies within their operations.
The project is expected to continue to attract innovative marine businesses, creating new well-paid job opportunities, particularly for young people, and encouraging entrepreneurship.
As a result of HIE support, businesses in the area will see total turnover rise by £14.5m and international sales by £1.9m.
Joanna Peteranna took up the role on 1 July.
A new report published today (Tuesday 16 July) outlines significant economic opportunities associated with reducing greenhouse gas emissions in the Highlands and Islands.
Figures show HIE approved £1.5m investment across 18 Shetland projects in 2023-24
Figures compiled by HIE show that businesses and communities supported by the agency in 2023/24 are set to create or retain more than 1,200 jobs across the region.
Six talented young people working at HIE over the past two years have secured permanent positions, bringing fresh perspectives and valuable skills to HIE’s economic and community development efforts.
£250k helped leverage a further £3.6m in national investment