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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Between 1 April and 30 September, timber specialist firm, Russwood Limited, was awarded up to £149,965 in Green Jobs Funding towards the cost of automation of its manufacturing facility in Newtonmore.
More than £83,000 Green Jobs Funding was approved for the expansion of renewable energy firm, Proterra Energy Ltd, near Drumnadrochit.
Inverness tourism businesses, Jacobite Cruises and Twelve Ness Walk, received £4,960 and £2,433 respectively for specialist advice support.
Up to £249,000 was approved for the Inverness Brewstillery development by the Glen Mhor Hotel. Port of Cromarty Firth was awarded up to £27,000 for project management and up to £50,149 was approved for The Apprentice Store limited aspirational growth project.
£72,000 was awarded to the Seaboard Memorial Hall in Easter Ross to employ a local development officer for two years.
James Gibbs, HIE area manager for the Inner Moray Firth area, said his team is looking to work with more organisations across the patch who are keen to grow their operations. He said:
“Over the past couple of years, we have taken the opportunity, linked to our provision of pandemic related support for businesses and communities, to build new relationships and work with new clients.
“The growth in online delivery of support has enabled us to enhance our assistance to smaller companies across the area, working in partnership with Business Gateway and others.
“This broader engagement is something we are very keen to maintain. We’re therefore reaching out to businesses in food and drink production, tourism, technology/engineering, other manufacturing and creative industries who have aspirations to expand and improve the efficiency of their operations, target new markets and of course employ more people, even in the current challenging business climate.
“We also have a long history of working successfully with social and community enterprises and we look forward to continuing and extending this important area of our work too.”
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.