Banbridge District Enterprises Limited

Charitable purposes

The company’s objects are specifically restricted to the relief of poverty, unemployment and financial hardship, the promotion of urban and rural regeneration in areas of social and economic deprivation in particular within the environs of the Banbridge District Council Area, Northern Ireland (“hereinafter called the “area of benefit”)) and the promotion of the benefit of the inhabitants (hereinafter called the “beneficiaries”) without distinction of age, gender, sexual orientation, disability/ability, race, ethnic origin, political, religious or other opinion by associating the statutory and local authorities, voluntary organisations and the inhabitants in a common effort to promote urban regeneration and relieve unemployment with the objective of improving the conditions of life for the said inhabitants and in particular: (a) to promote urban and rural regeneration for the public benefit by the establishment and maintenance of affordable incubation units, workspace, buildings and/or land for entrepreneurs including where possible persons disadvantaged by unemployment or social or economic circumstances in necessitous circumstances upon terms appropriate to their means; (b) to advance urban and rural regeneration and relieve unemployment for the public benefit by the provision of training and support for entrepreneurs including where relevant persons disadvantaged by unemployment or social or economic circumstances; (c) to assist those beneficiaries who are suffering from the effects of involuntary unemployment or social and economic marginalisation through the promotion, facilitation and organisation of adequate, accessible and quality programmes of vocational training or re- training, information and support in an effort to acquire skills and retraining to assist them in obtaining employment or establishing themselves in business; (d) the provision of financial assistance, technical assistance, incubation units or business advice or consultancy in order to provide training and employment opportunities for unemployed people in cases of financial or other charitable need through help in setting up their own business, or to existing businesses; (e) to advance any other exclusively charitable purpose as the directors, may from time to time, decide in accordance with the law of charity.

Governing document

Memorandum and Articles

Other name