TWO Kerry projects are to benefit from a total of over €1.2 million in funding following confirmation of the latest round of the Regional Enterprise Development Fund grants scheme.
Firies Business Hub and Kerry Sci-Tech have been successful in their application for support, Minister of State, Brendan Griffin, has confirmed. The fund is designed to support projects that back job creation opportunities.
The Kerry Food Hub, a not-for-profit community project located in Firies, is to receive €1,151,960 in grants support for the purpose-built project to provide food production facilities to start-up entrepreneurs and small but growth-oriented food businesses seeking the opportunity to expand and develop.
Tenants include Bally Goats Cheese, Ballyhar Foods, Fruity Farm and Leen’s Salads/Krave Lunches.
The project entails the expansion to the current facilities and the development of a new online sales tool designed to provide greater connectivity. The expansion will see the number of units expanded from four to 10 with an addition of 6,000sq ft.
Kerry Ski-Tech is to receive €120,000 to support companies who have a shared purpose in the attraction and retention of science and technology talent to the region.
The promoters have leveraged the resources and expertise of a group of individuals and companies whose active participation in and association with the project will significantly increase its chances of success.
Since previous REDF funding and appointment of cluster manager, this project has delivered in members and member subscriptions, having grown to 45 companies, with a target of 60 companies set for 2020.
Minister Griffin said: “This news comes at a time when we now have the highest number of IDA-supported jobs in the regions ever”.
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