An Oxford Economics report on TikTok SMEs looked at the socioeconomic impact of TikTok in the UK and discovered investments from UK SMEs in advertising and marketing on TikTok generated a massive £1.2 billion in revenue in 2022 for UK SMEs, with the food and beverage sector benefiting the most (£0.6 billion).

Invest NI’s free sustainability Reports give businesses an understanding of their environmental performance across a number of areas, such as raw materials, energy, carbon, packaging, biodiversity and waste.

Innovate UK, part of UK Research and Innovation, will work with micro, small or medium-sized enterprises (SMEs) to invest up to £3.8 million in innovation projects. These will be to support the net zero agenda.

MRP (www.mrp.co.uk), the investment and development arm of McAleer & Rushe in Co Tyrone, is one of the UK and Ireland’s leading property development and investment firms specialising in multi-sector, mixed use schemes.

The Growth Loan Fund is a £30million loan fund designed to support export-focused NI SMEs demonstrating growth or strong growth potential. It is part of Invest NI’s Access to Finance Strategy and loans are typically between £100,000 and £500,000.

The Department of Finance has launched a consultation discussion document on the energy efficiency requirements and other related areas of the Building Regulations, such as ventilation, overheating risks in dwellings and electric vehicle charging infrastructure at buildings.

If you’re considering getting a virtual office address, contact Sharon in Omagh Enterprise Company to find out more information on 028 8224 9494 or email sharon.tracey@omaghenterprise.co.uk

In today’s digital age, selling on social media has become an essential part of any successful eCommerce business. A whopping 76% of consumers have purchased a product they saw in a brand’s social media channels.