Argyll chocolate firm expands to meet growing demand
Fetcha Chocolates Limited is investing in new equipment to quadruple its capacity, increase turnover and create employment.
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The project, by strategically important destination management organisation Visit Moray and Speyside (VMS), will deliver a series of initiatives aimed at inspiring, enabling and delivering destination recovery.
It will reach across and beyond traditional sector and geographical boundaries, and encourage collaboration among businesses, communities, public and third sector partners.
Two new full-time equivalent jobs will be created in VMS. The group will provide support, advice and signposting to communities looking to improve conditions for visitors.
It will help tourism businesses to make sure they have the skills and knowledge to rebuild their operations, access new markets and embed resilience in their approach.
There will be specific engagement with food and drink producers to work with operators in showcasing Moray’s natural larder to a worldwide audience, while event organisers will be encouraged to work together to create new, out of season events delivering maximum benefit for communities and visitors.
The HIE funding is from £3m approved by the agency in September 2020 to support strategically important tourism destination management organisations (DMOs) over the next three years, as part of wider support for the tourism sector’s recovery.
Angie Smith, HIE’s head of business growth in Moray, said:
“Tourism is central to the local economy in Moray and a vital source of rural employment. Visit Moray and Speyside provides valuable co-ordinated support for the sector, tailored to the specific needs of tourism operators in the area.
“These businesses will become even more reliant on VMS in bringing about recovery in our tourism sector. We need to make sure the group has sufficient resources to be as effective as possible in delivering this important strategy, and that’s what this funding is about.
“We look forward to working with VMS and our tourism businesses to achieve a successful and sustainable recovery the sector.”
Jim Davis, Chair of Visit Moray Speyside and owner of outdoor activities operator Ace Adventures, said:
“Tourism in Moray Speyside had been growing year on year prior to the onset of COVID-19, with 2019 seeing the highest ever number of visitors to our region and operators anticipating an even busier year in 2020. HIE’s investment will enable Visit Moray Speyside to significantly increase its work ‘on the ground’ throughout the region with communities, businesses and sector groups, working together to get tourism back on its feet and equipped to face the future.”
Fetcha Chocolates Limited is investing in new equipment to quadruple its capacity, increase turnover and create employment.
HIE has appointed Benbecula company D Macdonald (Building Contractors) Ltd to create seven new units at Eabhal. Business Park
A £1.3m contract has been awarded for the refurbishment of a building on Enterprise Park Forres to create the new Manufacturing Innovation Centre Moray (MICM).
The funding can help cover the costs of equipment, new technology or fixtures and fittings, or to construct, adapt or upgrade business premises or other infrastructure.
People interested in developing and applying their ideas on the use of technology to start or grow a business can attend in person or online.
The HIE funding will help meet the costs of plant and equipment and help lever in significant private sector investment to the project.
As a result of HIE’s support, businesses in the area are set to see combined turnover rise by £22.4m, while international sales will grow by £661,000.
The new product has been developed by Dunoon-based former construction industry director Allister Wood
There was support for businesses and social enterprises to lower emissions and improve efficiencies within their operations.
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.
The project is expected to continue to attract innovative marine businesses, creating new well-paid job opportunities, particularly for young people, and encouraging entrepreneurship.