Belfast Telegraph

Thursday 27 November 2014

'Green' scheme aimed at boosting profits

A new £12m programme aimed at increasing business competitiveness has been launched.

Invest Northern Ireland's new Sustainable Productivity Programme is designed to help firms achieve savings in water, energy and materials and also identify new opportunities within the renewable energy market.

Enterprise Minister Arlene Foster said that the new package will also help to grow the green economy.

"I would encourage Northern Ireland firms to take advantage of the advice and financial support that is on offer through capital grants and interest free loans to implement projects that can help them increase their productivity and save money." she said.

Armagh-based Farmlay - an egg production, packing and processing facility - approached Invest NI for help in reducing its costs and has recently completed an efficiency audit to identify savings.

Jonathan Thompson from the firm said it uses technology and equipment to ensure the company can meet the needs and expectations of customers.

"As a result our materials and energy use is high, and is a large business expense," he said. "Our first step in helping address this has been to complete an efficiency audit. I hope that our focus to become more efficient will boost our profits and ensure that the business is competitive and able to grow."

Further information on the programme can be obtained from: Nigel McClelland, sustainable development manager - 028 9069 8830 or nigel.mcclelland@investni.com.

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