Community owned business units providing local employment and enabling small business start up and expansion in the Isle of Mull. Tackling the root causes of rural deprivation and depopulation.
Description
The Project: We want to develop the final piece of community owned land available at Nonhebel Light Industrial Park, Tobermory to build up to two additional business units. The new units will be for rent to businesses which are on a waiting list for space at the site. Project Background & Need: In response to community identified need for small business premises, community led rengeration charity, Mull and Iona Community Trust developed and now manages 38 business units plus fenced compounds, supporting 24 local businesses and an estimated 61 jobs. There is a waiting list for the units still, proving market failure and the need to develop the final piece of land on the site to further support local businesses and economic regeneration in North Mull. Project Outcomes: Positive Changes: New business units supporting a minimum 2 businesses and up to another 8 local jobs. Improving access to services, tackling rural poverty and population decline by supporting business expansion, start-up and employment; improving family incomes and making the island a more vibrant and sustainable place to live and work. Project Timescales: Subject to securing funding, work to start in late 2025 and complete in Spring 2026. Highland and Island Enterprise are a project partner with a funding offer in the region of £200k.
Location: Isle of Mull
Proposed on behalf of: Mull and Iona Community Trust- Highland and Island Enterprise are a project partner with a funding offer in the region of £200k.
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