100+ jobs supported by HIE in Moray in 2023/24
As a result of HIE’s support, businesses in Moray are forecast to see combined turnover rise by more than £85m and international sales by almost £14m.
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The project, by strategically important destination management organisation Visit Moray and Speyside (VMS), will deliver a series of initiatives aimed at inspiring, enabling and delivering destination recovery.
It will reach across and beyond traditional sector and geographical boundaries, and encourage collaboration among businesses, communities, public and third sector partners.
Two new full-time equivalent jobs will be created in VMS. The group will provide support, advice and signposting to communities looking to improve conditions for visitors.
It will help tourism businesses to make sure they have the skills and knowledge to rebuild their operations, access new markets and embed resilience in their approach.
There will be specific engagement with food and drink producers to work with operators in showcasing Moray’s natural larder to a worldwide audience, while event organisers will be encouraged to work together to create new, out of season events delivering maximum benefit for communities and visitors.
The HIE funding is from £3m approved by the agency in September 2020 to support strategically important tourism destination management organisations (DMOs) over the next three years, as part of wider support for the tourism sector’s recovery.
Angie Smith, HIE’s head of business growth in Moray, said:
“Tourism is central to the local economy in Moray and a vital source of rural employment. Visit Moray and Speyside provides valuable co-ordinated support for the sector, tailored to the specific needs of tourism operators in the area.
“These businesses will become even more reliant on VMS in bringing about recovery in our tourism sector. We need to make sure the group has sufficient resources to be as effective as possible in delivering this important strategy, and that’s what this funding is about.
“We look forward to working with VMS and our tourism businesses to achieve a successful and sustainable recovery the sector.”
Jim Davis, Chair of Visit Moray Speyside and owner of outdoor activities operator Ace Adventures, said:
“Tourism in Moray Speyside had been growing year on year prior to the onset of COVID-19, with 2019 seeing the highest ever number of visitors to our region and operators anticipating an even busier year in 2020. HIE’s investment will enable Visit Moray Speyside to significantly increase its work ‘on the ground’ throughout the region with communities, businesses and sector groups, working together to get tourism back on its feet and equipped to face the future.”
As a result of HIE’s support, businesses in Moray are forecast to see combined turnover rise by more than £85m and international sales by almost £14m.
As a result of HIE support, businesses in the area will see total turnover rise by £14.5m and international sales by £1.9m.
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.
Beinn an Tuirc Distillery is investigating the development of two new canned ready to drink (RTD) cocktail recipes.
£250k helped leverage a further £3.6m in national investment
Plans to establish a new facility in Moray that is expected to support up to 300 manufacturing jobs in the next ten years have secured up to £5.6m capital investment.
A programme of remedial works to bring Scotland’s only funicular railway back into service at Cairngorm Mountain is entering a new phase during week beginning Monday 15 April.
Work is under way on a major project to significantly improve the energy efficiency of Forres Town Hall.
HIE funding will support the element of the project that focuses specifically on reducing carbon emissions and energy costs.
The Tapestry of the Highlands and Islands exhibition has been created by communities across the region as part of the Spirit of the Highlands and Islands Project.