How To Start a Business In Omagh

Introduction

Need help to start your own business? Omagh Enterprise can assist you on your start-up journey with its Regional Start Initiative.

About the Regional Start Initiative

The Regional Start Initiative is a tailored business start-up package that offers advice and support designed to help you start your own business.

It’s free and available throughout Northern Ireland offering:

  • Support to develop a business plan for your business
  • Business mentoring to assist you on your start-up journey
  • One-to-one financial and business planning advisory support
  • Potential to access business start grants  

What support is available?

If you’re ready to start your own business you can get free help from Invest NI to turn your idea into a reality.

Through Invest NI’s Regional Start Initiative you will get:

  • An initial one-to-one advisory session to discuss your idea and an introduction to business planning
  • A business workshop focused on developing your business plan.
  • An optional one-to-one advisory session on finance and business planning
  • A one-to-one business planning session to review and finalise your business plan.

Through the Regional Start Initiative you can access support to develop a business plan, one of the most important parts of setting up a new business. You will also receive mentoring from a business adviser who will guide you through your business plan and signpost you towards business start-up resources.

The support is designed to provide you with smart solutions to setting up your own business. It provides a comprehensive package of advice and training that will ensure you have a strong team to help you get your business up and running.

Through Invest NI, you not only receive the expert guidance essential in getting started but on-going support as you develop and implement your plan.

Financial incentives

After completing your business plan, grants are available to participants who are either:

  • living in a neighbourhood renewal area (NRA) – grant of up to £1000
  • aged between 16 and 24 and not in education, employment or training (NEET) – grant of up to £1500

This support is provided through The Jobs Fund which is administered by Invest NI. You will only be eligible to receive support if you:

  • have completed the Regional Start Initiative
  • come forward with an approved business plan
  • have in place a business bank account

If you are not sure if you live in a NRA, you can check your postcode on the Northern Ireland Neighbourhood Information Service website.

If you fall under both the NRA and NEET category, you will only be entitled to claim one of The Jobs Fund grants.

Need help coming up with a business idea?

If you want to start your own business but haven’t got an idea you can use our Business Idea Profile tool to help you explore the types of business you may be interested in starting.

Take the first step

Take the first step towards your new business and check out Omagh Enterprise’s Start a Business Page..

Read more: nibusinessinfo.co.uk

What Cupid Creations thought of Omagh Enterprise.