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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This is one of the flagship projects of Moray’s multi-million pound Growth Deal and includes £10m investment from HIE.
It aims to create a vibrant space in the heart of Elgin that will support economic growth and cultural expansion across Moray.
Stuart Black, HIE’s area manager in Moray, said:
“The Elgin Cultural Quarter will breathe new life into two much-loved venues in Moray and give the area’s rich cultural offering a new platform. It will also support both tourism and creative industries, important sectors in Moray that have been hit particularly hard by the pandemic.
“We are very pleased to be able to offer our support. The funding for the design works should enable the projects to get started early in the Moray Growth Deal and aid economic recovery.”
Details of the announcement are available on the Moray Council website
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.