BGF Team

BGF Celebrates Growth Across Its NI Portfolio In 2019

Andrew Kelly Corporate

BGF, the UK and Ireland’s most active investor in growing businesses, experienced a year of growth across its Northern Irish portfolio in 2019, having invested c£40m in the region to date. The investor has now backed five companies across Northern Ireland, with its latest investment, Uform, receiving a multimillion-pound funding package from BGF and Danske Bank in 2019. Uform designs, …

Craigavon Firm Turns To Automation For Future Growth

Craigavon Firm Turns To Automation For Future Growth

Andrew Kelly Corporate

A Craigavon-based engineering firm has invested £500,000 to build a new 6,000 sq. ft plant and purchase an automated anodising machine. The investment, which will also create six new jobs, was supported by Danske Bank. Foxano, a spin out from Foxcut WCS, anodises aluminium parts for the aerospace, engineering and architectural industries. Foxcut WCS specialises in robotic waterjet cutting, a …

Danske Bank's Belfast Headquarters

NI Growth Forecasts Slightly Lowered

Andrew Kelly Corporate

Danske Bank has slightly lowered its Northern Ireland economic growth forecasts, and now expects the local economy to grow by 0.8 per cent in 2019 and by 0.9 per cent in 2020. That is down from the Bank’s previous forecasts, delivered in October, that growth would hit 0.9 per cent in 2019 and 1.0 per cent in 2020. In its …

Danske Bank Raises Over £200k For Children’s Mental Health

Danske Bank Raises Over £200k For Children’s Mental Health

Andrew Kelly Corporate

Danske Bank employees and customers have raised £208,000 for charity partner Action Mental Health in three years. The partnership means over 5,000 NI children and 800 parents and teachers will have benefited from the charity’s Healthy Me programme, which otherwise receives no public funding. Danske Bank selected Action Mental Health as its charity partner in 2017 with the objective of …

Business Angels Back Eleven Companies In NI

Business Angels Back Eleven Companies In NI

Andrew Kelly Corporate

Eleven fast growing businesses have secured £2m of funding from HBAN (Halo Business Angel Network) Ulster Business Angels during its first year of operation in Northern Ireland. HBAN is a joint initiative of Invest Northern Ireland, InterTradeIreland and Enterprise Ireland, dedicated to the all-island promotion of business angel investment. HBAN allows companies from a wide range of sectors to pitch …

Outstanding Final Quarter Of 2019 For Northern Ireland Commercial Property

Kathryn Stevenson Corporate

A sprint finish final quarter saw commercial property investment volume in Northern Ireland complete at £215.1m for 2019, 19 percent above 2018 and 4 percent below the ten-year average, according to new research published today by Lambert Smith Hampton. The Investment Transactions Northern Ireland Bulletin Q4 2019 showed that despite an outstanding final quarter with volume of almost £91.0m, the …

W5, Cinema And Bowling Remain Open As Odyssey Partially Closes For Redevelopment

Kathryn Stevenson Corporate

W5, Odyssey Cinemas and Odyssey Bowl will all remain open with new temporary access points as a partial closure of Odyssey, Belfast begins on Monday 6th January to allow for a £17m redevelopment project which will transform it into the number one leisure destination for families in Northern Ireland. Matagorda 2, working alongside Odyssey Trust Company, started construction work at …