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Status
Received: on time
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Income
£609.8K
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Spending
£579.4K
Public benefits
The public benefits that flow from the purpose of urban and rural regeneration are:- (i) The creation of employment, training and work experience opportunities for residents living in economically and socially deprived areas and consequently a reduction in poverty, unemployment and hardship, leading to a better quality of life for the
beneficiaries and consequent improvements in health and well-being (ii) Enhanced knowledge about setting up and running small businesses and social enterprises resulting in increased levels of self-employment and better prospects of sustainable development. (iii) Increased levels of knowledge and transferable vocational skills among employees / work experience trainees, assisting in the creation of a more educated, skilled and qualified community. (iv) A greater sense among the beneficiaries of more fulfilled and purposeful lives, resulting in a safer, more stable and cohesive community. (v) Local small businesses can create local jobs and provide job opportunities for sections of the public under-represented in the employment sector. For example, businesses as a result of being provided with workspace on favourable terms have employed NEETS (under the Youth Employment Scheme) or young apprentices (one company has taken on a more mature “apprentice” who had been made redundant). Some take on graduates, some provide flexible working conditions for women with part-time job requirements, others provide opportunities for school/ college work placement experience. The incubation programme – “Momentum @ Mallusk” means that businesses can be fast-tracked and be employing local people up to 12 months ahead of their original business plan. Over the last 20 years of providing workspace etc, over 1000 businesses have been assisted and on average, they employ at least 5 people so, over the life of the organization over 5000 jobs have been created or sustained in the Newtownabbey area which is, in essence, the direct benefit to the local economy. These benefits can be evidenced in records kept by various agencies of the number of jobs and work experience opportunities created and the numbers of those who have successfully completed training courses. Evidence can also be found in independent evaluations of the activities of enterprise agencies carried out by funding bodies and in community surveys of living standards and attitudes. Some private benefit is obtained by the owners of small businesses who rent units on favourable terms, but this is ancillary to the main purpose and is greatly outweighed by the gains in public benefit. No harm arises from these purposes.
... [more] [less]What your organisation does
Mallusk Enterprise Park offers 50,000 sq ft of workspace ranging from large industrial units to small office incubation spaces. A variety of conference, meeting and training rooms are also available for hire to both businesses and community and voluntary organisations. Equipment available for use includes data projector, TV/Video, overhead
projector, flipcharts and white boards. Mallusk Enterprise Park offers a range of pre-start,start-up and business growth programmes, including Pre-Start, NIBSUP, Business Start-Up Coaching and Optimal. These programmes are supplemented by business masterclasses, ICT training, informal advice, mentoring and business over breakfast events where small business owners have the opportunities to network with other business owners. The business accommodation is complemented by the provision of free business advice (via The Mallusk Incubation Programme, secretarial and administrative support services, research and marketing services, hot desks, free car parking and opportunities for business networking. Mallusk Enterprise Park provides training for disadvantaged groups such as NEETS in disadvantaged areas such as Rathcoole and New Mossley.
... [more] [less]The charity’s classifications
- The prevention or relief of poverty
- The advancement of education
- The advancement of citizenship or community development
Who the charity helps
- Adult training
- General public
- Tenants
- Unemployed/low income
How the charity works
- Community enterprise
- Economic development
- Education/training
- Relief of poverty
- Rural development
- Urban development
