The Beacon Initiative was established by Cork County Council in 2012 and is funded by the Economic Development Fund.
The Initiative was set up to help companies sustain existing employment, while also trying to achieve growth in turnover and an increase in profitability, with the ultimate goal being, creation of new employment opportunities within existing businesses.
The Beacon Initiative is divided into two categories; The Beacon Initiative (for qualifying SMEs) and the Beacon Retail Programme.
The Beacon Initiative
Following extensive research, Cork County Council discovered there was an expertise resource gap in the SME market. While there are several valuable resources and initiatives for start-ups, existing SMEs with ten personnel or more did not have the same supports available to them.
As a result of this, the Beacon Initiative was launched, offering existing SMEs access to an external advisory team. The team is made up of leading industry experts and advisors who have vast experience in diverse areas, both nationally and internationally.
So far, the Beacon Initiative has worked with several SMEs across Cork County, assisting them in developing and maintaining vitality and durability. If you would like to see some of the SMEs we have worked with, click here.
The Beacon Retail Initiative
Cork County Council recognised that as the economy had changed, retailers needed additional support without investing large sums of money in extra resources; this is where the Beacon Retail Initiative comes in.
The Retail Programme works with individual towns and involves 15 retailers from the town participating in the programme. The programme has been successfully implemented in 14 towns across Cork County, with plans to continue this success in other towns. Click here for more information on the Beacon Retail Initiative.