What Actually Happened at the Economic Development Committee Meeting (11 November 2025)
Council meetings can often feel dense and hard to follow, so here’s a clear, no-nonsense breakdown of what was discussed at November’s Economic Development Committee — and why it matters if you live or run a business in the borough.
From new funding for rural businesses, to town centre improvements, local jobs programmes, and even high-tech monitoring at Lough Neagh, this was a packed meeting with some genuinely important decisions.
£4.4 Million Secured for Skills, Jobs and Personal Development
One of the biggest updates was around the PEACEPLUS Programme, a major funding pot aimed at social and economic development.
The Council has secured over £4 million for local projects under the “Our Future Borough” programme. This funding will focus on:
Personal development and confidence building
Digital skills and budgeting
Work readiness and employability
Apprenticeships, internships and alternative career routes
Support for people currently outside the labour market
At least 350 local people are expected to benefit, with a strong focus on those who find it hardest to access education or employment.
👉 Why this matters:
This isn’t just training for training’s sake — it’s designed to help real people gain skills, confidence and a route back into work over the next few years.
New Rural Business Fund on the Way (Finally)
A big talking point was the proposed Rural Investment & Growth Fund, aimed at filling a long-standing funding gap since EU rural programmes ended.
If approved in the next budget round, this pilot scheme could offer:
£20,000–£100,000 grants
50% funding towards capital projects
Support for micro and small rural businesses
Funding for buildings, equipment, improvements and digital projects
The aim is to support at least five rural businesses, create new jobs, and unlock around £1 million in private investment.
Notably, businesses in towns like Antrim, Ballyclare, Crumlin and Randalstown would not be eligible — this fund is strictly for rural areas outside town limits.
👉 Why this matters:
This could be a game-changer for rural businesses that have struggled to grow without access to meaningful capital grants.
Town Centres Continue to Get a Facelift
The Town Centre Shopfront Improvement Scheme is still going strong.
At this meeting, councillors approved £43,700 in new grants (Tranche 7), bringing total investment to over £436,000 so far.
Businesses in:
Ballyclare
Randalstown
Antrim
Glengormley
Crumlin
have all benefited from improvements such as new signage, painting and frontage upgrades.
👉 Why this matters:
Better-looking town centres attract more footfall, more spending, and help local businesses compete.
Out-of-Town Shopping Areas Also Getting Support
It’s not just town centres. Five businesses outside main town areas were approved for grants totalling £21,586 under the Out of Town Centre Shopfront Scheme.
These smaller grants (up to £4,999) help improve things like signage and appearance in places that often get overlooked.
👉 Why this matters:
Local retail areas outside town centres still play a big role in everyday life — and improving them benefits everyone.
Balmoral Show 2026: Council Scales Back
The Council has decided not to fully commit to the Balmoral Show in 2026 unless it can share a stand with another council or partner.
Why? While feedback from visitors and businesses was very positive, councillors questioned whether spending £17,000+ each year offered enough value for money — especially given the staff time involved.
If no partner is found, the Council will skip Balmoral Show 2026 entirely and review its approach going forward.
👉 Why this matters:
This reflects a more cautious approach to spending — focusing on measurable local impact rather than big showcase events.
More CCTV Funding Approved for Local Businesses
Five more businesses will receive funding under the Business CCTV Scheme, helping improve safety and deter antisocial behaviour.
Nearly £50,000 was already awarded in Phase 1, and Phase 2 is still open, with funding remaining.
👉 Why this matters:
This directly supports safer town centres for businesses, customers and residents.
High-Tech Monitoring Coming to Lough Neagh (But Deferred)
A proposal involving 5G-enabled environmental monitoring at Lough Neagh — including early detection of blue-green algae — was discussed but deferred until January.
The project would be led by a local tech company, with the Council acting only as a facilitating partner, not the operator.
👉 Why this matters:
This could bring cutting-edge environmental tech to the area, but councillors want more detail before moving forward.
Rural Business Grants: 30 Applications Received
The Rural Business Development Grant Scheme (RBDGS) received 30 applications locally, offering grants of up to £7,500 for rural micro-businesses.
Final awards are subject to eligibility checks and DAERA budget approval, but there’s strong demand.
👉 Why this matters:
It shows rural businesses are eager to invest — and need support to do so.
Bigger Picture: Investment, Jobs and Long-Term Growth
The Committee also:
Approved the Council’s Local Economic Partnership Action Plan
Continued participation in business support programmes like Go Succeed
Reviewed a £258,000 underspend, showing the department is currently under budget
Overall, the focus is firmly on:
Jobs and skills
Supporting local and rural businesses
Making town centres more attractive
Ensuring better value for public money
Final Thoughts
While council meetings can often feel distant, this one had real, practical outcomes — especially for jobseekers, small businesses and rural communities.
If you’re a business owner, community group, or just someone who cares about how the borough is developing, there’s a lot here that will shape the next few years.
