Business

Bank of Ireland and NI Chamber partner up to help SMEs

David Bell, managing director of GPS Colour Graphics, Gavin Kennedy, head of business banking NI at Bank of Ireland UK and Ann McGregor, chief executive of the Northern Ireland Chamber of Commerce and Industry

BANK OF Ireland and the Northern Ireland Chamber of Commerce have this week announced a new programme to support SMEs in expanding their operations.

The 'Scaling for Growth' programme has been designed to help small and medium sized businesses who have ambitions for growth and the support will include a business assessment and a dedicated business professionals mentoring panel.

Gavin Kennedy, head of business banking NI at Bank of Ireland UK said the new programme demonstrated it commitment to helping businesses achieve their ambitions.

"We recognise that scaling a business brings its own challenges. A strong export proposition is vital, as is having a mentor to encourage businesses to take that first step into a new market and to give them the confidence that they can succeed in doing so."

"We are determined that any support we provide is practical and will deliver real and tangible benefits. It will take a practical approach on how to scale and provide access to networks of those who have already done it, to help build confidence within businesses to seize new opportunities for growth and to meet their expansion objectives," he added.

Ann McGregor, chief executive of the Northern Ireland Chamber of Commerce and Industry said its "absolute focus and priority" was supporting businesses to grow and ultimately export.

"This will enable us to provide more intensive support to our growth members especially those that aspire to the success of leading companies such as Ulster Carpets, MJM, Almac and Randox.”

The announcement comes as Bank of Ireland UK prepares for its fifteenth Enterprise Week, which will take place from May 12 – 19, with the theme ‘Scaling for Business Growth.'

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