MORE than 230 jobs have been created and £5.3m secured in investment by businesses at Belfast’s Entrepreneurial Spark Hub.
The Entrepreneurial Spark Impact Report, which showcases the scale of the effect that the world’s largest free business accelerator has had for entrepreneurs across the UK, details the success of the programme which provides support for start-up and scale-up businesses. It has been operating in Belfast, with support from Ulster Bank, for just one year.
Belfast recorded almost £12m in turnover for businesses based at the Hub, and over 110 businesses receiving support through the programme which provides mentoring, office space and business networking programmes to enable local entrepreneurs.
Welcoming the findings Lynsey Cunningham, entrepreneur development manager at Ulster Bank, said:
“This is a fantastic result that shows the strength of Northern Ireland’s entrepreneurial talent pool and the role Entrepreneurial Spark is playing in helping it realise its potential. Every day I work with the exciting potential and people that we have to build and grow businesses of the future and impacts like these are really inspiring.”