New study needed on feasibility of social hub

A NUMBER of models have been considered for a social enterprise hub Ilex considers part of a possible £465m investment to bring 12,500 jobs to the city by 2020 but it’s back to the drawing board, according to the First and Deputy First Ministers.
By Kevin Mullan
Published 3rd Feb 2013, 17:54 BST

A group of experts formed to consider the establishment of a ‘Co-operative and Social Enterprise Hub’ has agreed a more detailed feasibility study is needed.

In a joint statement they revealed: “The establishment of a Co-operative and Social Enterprise Hub is one of the catalyst programmes in the One Plan.

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“A partnership has been formed with a range of knowledge and experience in this area and is co-ordinating the delivery of this catalyst programme.

“To date, the group has considered a number of models for the programme and has now agreed that a more detailed feasibility study is required. “This is being considered by the Derry-Londonderry Steering Group as part of the Social Investment Fund process.”