Red Letter Day for Local Community Enterprise Group

Local Enterprise Group Castleblayney Community Enterprise have been successful in an application they made under the Rural Regeneration Development Fund to develop additional Enterprise and innovation space in the town.  The group through the lead partner Monaghan County Council and a third partner Monaghan County Enterprise Fund have been awarded a grant of 2.1 million to complete the project by the spring of 2020.

Front Elevation view of the new Enterprise/Innovation building to be erected on a back-land site on McGrath road

The project will create a modern, spacious enterprise and innovation centre measuring 11,000 sq foot containing 22 enterprise units.  The building which has the potential of creating in excess of 66 jobs will be located in the centre of the town so that the sustainable income stream generated will be used to reinvest in the retail service and business sector and will hopefully be catalyst for other major economic developments in the town.

Committee  Officers of Castleblayney Community Enterprise CLG who along with the full Board of Directors will now work to progress the building of their additional Enterprise/Innovation Centre on McGrath Road which is being built in association with Monaghan County Council and Monaghan County Enterprise Fund.  They are front (l to r)   Gary Ogle Chairperson, Jacqui Hanratty Secretaryback (l to r) Sean Mc Donald PRO, Maire Mc Quillan Asssistant Secretary, Liz Christy Vice Chairperson and Pete Mc Mahon   Treasurer.

Confirmation of the funding was made last Thursday 14th February when Minister Michael Ring TD, Minister for Rural and Community Development made the announcement in the Iontas Arts Centre.  Minister Ring was joined by Monaghan’s own Heather Humphreys TD, the Minister for Business, Enterprise and Innovation and Sean Canney TD, Minister of State for Community Development, Natural Resources and Digital Development.

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