On Sunday the 2nd of February FIDC attended the Early Years Conference Expo held at the Infant and Junior School between 12pm and 1pm.
FIDC promoted help in developing the childcare sector here in the Islands, which includes providing business support to new and existing childcare businesses, and training courses as a way to upskill people in the Islands. “All aboard the learning train” was the appropriate theme for FIDC’s Expo display.
The Corporation also put across the message that there is still a gap in the market for another childcare provider. FIG’s capital investment is available and FIDC are keen to support those looking to start their own business in this vital sector.
Wool Innovation is an Island wide initiative, for value adding and value chain improvements across our wool industry.
EXPRESSION OF INTEREST
We would like to invite an interested farmer within the wool producing community to bring their expertise to the Wool Innovation Group.
Participating in regular meetings, and occasional events, you will be helping to shape and guide the work on innovations in products, processes and marketing.
The voluntary time commitment is a minimum of four meetings in Stanley over the year and attendance expenses may be paid in some cases.
Contact Greg Green, FIDC Director of Wool Innovation by 29th February 2020
FIDC’s Rural Energy Advisor Andrew Crighton has agreed to a contract extension to continue support to the Corporation’s Business Development team on all applications that come through regarding renewable energy systems. Andrew’s support ensures an expert oversight of applications and renewables solutions for FIDC funding.
Rural Energy Grant Scheme Application
Rural Energy Additional Generation Grant Scheme Application 2019
An amazing twenty-six budding entrepreneurs signed up for FIDC’s business start-up workshop Get Set – GO!
The event, held at the start of December at the Chamber of Commerce proved to be a huge success. This daylong training session saw a wide range of keen learners attending – some existing small business owners, others preparing for the future - all united by their interest in just what it takes to ‘employ themselves’.
This session involved the group learning about the personal characteristics of entrepreneurs, identifying opportunities and mitigating risks, plus the importance of good market research. FIDC was delighted to have the section on the basic legal aspects of starting your own business covered by Alison Inglis of lawyers Pinsent Masons LLP, then Sharon Gilbert of SG Accounts explained the importance (and simplicity) of basic cash flow forecasting and estimating start up costs.
Later, in the afternoon sessions and after a buffet lunch provided by new business venture K&C Fast Food, participants worked on their individual business plans with FIDC Business Development Officers.
Gordon Ackroyd, the Corporation’s Strategic Projects Manager and lead on skills for enterprise commented; “this was a very enthusiastic group, and the future of enterprise in the Islands will look very good if just some of these get going with new businesses. The response to this ‘business basics’ event was terrific and we were keen to show the entrepreneurs that they can all achieve a successful start-up”.
Keep a look out for other FIDC Skills for Enterprise training events on our Website, Facebook and the Penguin News for the latest news.
Strategic Projects Manager Gordon Ackroyd and Development Assistant Kieran Roberts travelled down to North Arm, for a field meeting with new Falkland Landholdings Ltd General Manager Neil Judd.
The visit was to see at FLH’s sheep business “in context”, and the chance to talk about this in depth with Neil and the farm’s manager Steven Dickson - and to watch the shearing getting under way.
With a number of crucial sheep sector projects high on the Development Corporation’s agenda, this was a terrific opportunity for FIDC to form ideas, to help forge cooperative working – and to explain FIDC’s current projects.
FIDC’s new Director of Wool Innovation Greg Green will arrive in the coming weeks to work on value-adding and new approaches to supporting the industry - which includes the wool handling and warehousing. This critical infrastructure also comes under the Rural Development Strategy remit, in which FIDC is also currently promoting grant support for capital improvement on farms, renewable power, and Camp workers’ accommodation.
Also of great interest to FIDC in the wide-ranging North Arm discussion was how the animals’ genetics, and sheep numbers, will act as drivers at FIDC’s FIMCo subsidiary, in the longer term.
FIDC Projects staff thank Neil and Steven for an informative and enjoyable visit.