Bank of Ireland UK today announced it has strengthened its partnership with the Northern Ireland Chamber of Commerce and Industry to launch a new ‘Scaling for Growth’ programme, designed to support small and medium sized businesses who have ambitions to expand their operations.
The new programme, funded by Bank of Ireland UK, will provide a comprehensive package of support that will include a business assessment, a dedicated business professionals mentoring panel with workshops tackling the challenges SMEs face in scaling up.
The programme forms part of the Learn Grow Excel suite of private sector business support provided by the Northern Ireland Chamber of Commerce and Industry to local businesses.
The announcement comes as Bank of Ireland UK prepares for its fifteenth Enterprise Week, which will take place from May 12 – 19, with the theme ‘Scaling for Business Growth.’
“As a leading business bank we provide much more than finance to local companies who want to develop new products and explore new markets,” said Gavin Kennedy, head of business banking NI at Bank of Ireland UK.
“Today’s launch of the Scaling for Growth programme demonstrates our commitment to helping businesses achieve their ambitions.
“We are delighted to have joined forces with the Chamber to fund this timely, new and innovative programme. It will take a practical approach on how to scale and provide access to networks of those who have already done it, to help build confidence within businesses to seize new opportunities for growth and to meet their expansion objectives.”
Chamber CEO Ann McGregor said: “Our absolute focus and priority is supporting businesses to grow and ultimately export.
“The support provided is private sector designed and delivered and we are delighted to be working with Bank of Ireland on scaling for growth.”
One example of a local business Bank of Ireland UK is supporting as it invests in growth is Belfast based GPS Colour Graphics, a family owned and managed print business founded more than 200 years ago and incorporated more than a century ago. GPS is primarily known as a producer of high quality catalogues, books and magazines in medium to high volumes.
The business has recently moved to a 125,000 sqft, purpose built print facility.
“Our new premises represent a significant investment to expand and grow the business over the next five years,” said MD David Bell.
“We are a major player in the market with customers who are major players in their own right and who have ever greater demands.
“This is an amazing facility with massive potential. We now have the most production capacity of its type in Northern Ireland and possibly Ireland on one site.”