DUBLIN: Fund set up to support the community, voluntary and social enterprise sectors in Northern Ireland has handed out £50m to more than 300 organisations since its inception 13 years ago.
The Ulster Community Investment Trust (UCIT) reached the milestone after assisting 38 different projects in 2014.
The trust provides loans across the sectors throughout Ireland.
Among them was Landmark East, a not-for-profit business and subsidiary of the East Belfast Partnership which develops unused and derelict properties.
The company’s portfolio stretches across 12 different sites including the former house of George Best, Enler Complex, Bloomfield House, and Avalon House.
UCIT provided Landmark East with a £200,000 bridging loan which enabled it to accept funding from Belfast City Council and Tourism NI and proceed with an exciting £774,000 capital build project at Holywood Arches – the new EastSide Visitor Centre.
DUBLIN: FUND set up to support the community, voluntary and social enterprise sectors in Northern Ireland has handed out £50m to more than 300 organisations since its inception 13 years ago.
The Ulster Community Investment Trust (UCIT) reached the milestone after assisting 38 different projects in 2014.
The trust provides loans across the sectors throughout Ireland.
Among them was Landmark East, a not-for-profit business and subsidiary of the East Belfast Partnership which develops unused and derelict properties.
The company’s portfolio stretches across 12 different sites including the former house of George Best, Enler Complex, Bloomfield House, and Avalon House.
UCIT provided Landmark East with a £200,000 bridging loan which enabled it to accept funding from Belfast City Council and Tourism NI and proceed with an exciting £774,000 capital build project at Holywood Arches – the new EastSide Visitor Centre.
