Today (Friday) was the AGM of the North Highland Regeneration Fund, the loan fund established with support from the NDA. Afterwards guest speakers Rob Arthur of Thurso Cinema and Andrew Mackay of Norseman and Castletown Hotels talked about what inspired them to get involved in business. The event finished with a presentation to the local student teams from Farr High, Wick High and North Highland College who participated in the “Dragon’s Den” style business competition held earlier in the morning with judges Rob Arthur, Andrew Mackay, Willie Watt (Subsea 7) and Stephen Sutherland (JGC). The winners were Farr High, and the judges praised all three teams for their strong business cases and presentation skills.
Also having its AGM today was the Caithness & North Sutherland Fund, which was set up to administer the community benefit fund from the construction/ operation of the Low-Level Waste facility at Dounreay. Set up by the NDA and DSRL the Fund is worth £4M over the lifetime of the facility, with an initial £1M in 2011 followed by £300,000 each year from 2014 to 2023. The Company’s board, under the chairmanship of John Henderson, has so far approved around £800,000 in funding to community organisations in the area for 57 projects with a total value of over £3M.
As part of an ongoing process of helping communicate progress with the delivery of aspects of our economic transition programme CNSRP’s partners work together to generate news stories for local, regional and national media. I also speak on a regular basis to individuals and organisations across the area to update on progress. This week: