Major investment announced for Ballybay

29 October 2010 No Comments by The Northern Standard

Ballybay Town is to receive an investment of €400,000 from the INTERREG 4A programme towards the creation of new enterprise space and business start-up units in the town.

The funding, which is payable under the Rural Development Measure,  will provide an additional 5,000 square feet of space at the existing Enterprise Centre in the town.

The funding has been warmly welcomed by Mid-Monaghan public representative Owen Bannigan.

Speaking to The Northern Standard yesterday, the Monaghan Co Councillor described the announcement as a great news story for Ballybay.

“The provision of additional enterprise space in Ballybay was identified by the town’s economic forum as very necessary, in order to allow small business locate in the Mid-Monaghan town,” Colr Bannigan stated.

“The economic forum was established four years ago as a result of motions moved by the Fine Gael party at Town Council and Co Council level.

“This funding is a vote of confidence in Ballybay.  It will create employment during the project’s construction phase, and on completion will allow new businesses to locate in the town.”

Colr Bannigan thanked INTERREG, Monaghan Co Enterprise Board, the Co Council, Ballybay Town Council and the town’s economic forum for working together “to ensure this very important and necessary funding has come to Ballybay.”

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