Debate contribution: Local Growth Fund
Debate contribution by Dr Caoimhe Archibald on .
- MLA
- Dr Caoimhe Archibald
- Party at the time
- Sinn Féin
- Date
- 14 September 2026
- Type
- Debate contribution (made as a minister)
- Business
- Oral Answers to Questions
- Heading
- Local Growth Fund
- Assembly identifier
- Official Report component 5685567
Read the official Assembly record
Text
Let me see if I have that information in front of me. I am not sure that I have the figures, but I am happy to write to the Member about the specifics. The capital funding that was available through the local growth fund in the last financial year was quite small. For this financial year, my Department has received £13·29 million, and we have announced what some of that will support. Some of it will go to Invest NI, with £7·1 million to support innovation and R&D and, in particular, to support the development, design and feasibility work for the Mandeville site in Craigavon. There is £1·7 million going towards Go Succeed, and I am sure that the Member will be familiar with that from his constituency. That programme has been key in supporting businesses. That is specifically regarding capital grants, and the Member will be aware of the challenges that we have faced with the local growth fund and the split between resource and capital, which has been far from ideal. Projects are currently being developed, and I encourage Members, as well as businesses in their constituencies, to engage with Invest in that process.
196 words. Text as published by the Northern Ireland Assembly.
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