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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Between 1 April and 30 September, Arran Aromatics was awarded up to £80,226 for the development of a new filling line. More than £38,000 was approved for the development of a new remote restaurant at Ballygown on Mull, and Bute Island Foods was awarded more than £43,000 for training support.
Investment of up to £147,618 was approved for the continued expansion of Midton Acrylics in Lochgilphead, while £180,000 was approved for the development of infrastructure and accommodation at Portavadie Marina in Loch Fyne.
Community support approvals included £43,902 for the South Cowal Community Enterprise and £19,980 for the Isle of Kerrera Development Trust. The Isle of Luing Community Trust was awarded up to £14,884 to support its masterplan delivery and the Mull and Iona Ferry Committee received £15,000 for its ferry services study.
HIE also approved a £1.3m investment in fit-out of additional space at Malin House on the European Marine Science Park near Oban.
Morag Goodfellow, HIE area manager for Argyll and the Islands, said her team is looking for other organisations across the patch who are keen to grow their operations. She said:
“Our role in providing pandemic related support over the past couple of years gave us the opportunity to build new relationships and extend our reach in a way that is already proving valuable.
“The shift towards online delivery meanwhile means we can enhance our support for smaller companies across the patch, in partnership with Business Gateway and others.
“We want to maintain that broader engagement and are reaching out to other businesses, social enterprises and community organisations looking to expand their activities, reach new markets and employ more people.”
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.
Joanna Peteranna took up the role on 1 July.
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.
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
Kate Forbes, Deputy First Minister and Cabinet Secretary for Economy and Gaelic, has approved three-year terms as non-executive directors for Allan Clow and Melanie Collett.
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.