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elphin local area plan 2009 - 2015 - Roscommon County Council

elphin local area plan 2009 - 2015 - Roscommon County Council

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Chapter 5: Economic Development and Employment<br />

5.3.2 Future Economic Strategy<br />

In general, there are three different strategies to promote economic activity within towns/villages and<br />

these include; attracting new companies; retaining/growing existing companies; and starting new<br />

companies. Attracting new companies usually takes the form of attracting Foreign Direct Investment<br />

(FDI) by means of offering tax incentives or making development sites available. The policy of attracting<br />

this type of investment to peripheral or declining regions in terms of long term economic growth may be<br />

questionable. The availability of land with appropriate infrastructure, availability of skilled labour,<br />

amenities and quality of life are critical location factors. More often than not these criteria are difficult to<br />

fulfil all at once.<br />

It has also become much more difficult to attract such investment due to increased international<br />

competition and the enlargement of the EU which has opened up cheaper labour markets. Furthermore<br />

other towns in Ireland are also competing aggressively for FDI with the majority of projects been located<br />

in urban <strong>area</strong>s. In response, economic development efforts have had to re-focus on new strategies aimed at<br />

increasing the size of home-grown businesses. Entrepreneurial development therefore forms a key part of<br />

this new perspective. Given the nature of the rural economy and the lack of a national approach to rural<br />

enterprise, devolved funding and other supports available through LEADER, the <strong>County</strong> Enterprise Board<br />

and the Western Development Commission are especially relevant to rural enterprises. It is essential that<br />

their combined supports under the new NDP are coordinated effectively and are targeted at rural<br />

entrepreneurs and as well as in providing rural business infrastructure.<br />

The development of infrastructure in smaller or more remote <strong>area</strong>s, such as Elphin, is a key factor in<br />

attracting people and especially small enterprise projects. These include; Broadband telecommunications,<br />

office accommodation and home office facilities, work/life balance opportunities, good road links and<br />

access to public transport, and marketing of these opportunities.<br />

Having regard to the size, scale, and nature of the town, the strategy for economic development in Elphin<br />

must focus on the attainable delivery of <strong>local</strong> services and potential employment generation. The zoning<br />

of appropriate sites in the town centre to accommodate mixed use development can aid the development<br />

of small-scale services which can enlarge in time if required.<br />

In response to this, it is the policy of the Planning Authority that commercial developments proposed<br />

within towns and villages within Tier 3 to 6 of the Settlement Hierarchy will be exempt from the<br />

development contribution scheme for developments up to 1,000m2. It is hoped that this incentive will help<br />

to encourage appropriate commercial development in towns and villages such as Elphin.<br />

5.3.3 Rural Enterprises in Towns and Villages<br />

Enterprise in rural <strong>area</strong>s tends to be characterised by small firms operating in the more traditional sectors,<br />

some 65% of enterprises meet the definition of micro-enterprise (i.e. less than 10 employees). Not only do<br />

rural enterprises have to compete with the attractions of urban locations they have to also deal with issues<br />

such as transport costs, market access peripherality, poor communications and physical infrastructure.<br />

Given the nature of the rural economy and the lack of a national approach to rural enterprise, devolved<br />

funding and other supports available through LEADER, the <strong>County</strong> Enterprise Board and the Western<br />

Development Commission are especially relevant to rural enterprises within <strong>County</strong> <strong>Roscommon</strong>. It is<br />

essential that their combined supports under the National Development Plan are coordinated effectively<br />

and are targeted at rural entrepreneurs and in providing rural business infrastructure.<br />

<strong>County</strong> <strong>Roscommon</strong> is largely a rural county with an estimated 81% of people live in aggregate rural <strong>area</strong>s<br />

compared to 40% nationally and 69% in the western region. The following support initiatives and<br />

agencies are in place to support enterprise within the <strong>County</strong>.<br />

Elphin Local Area Plan <strong>2009</strong>-<strong>2015</strong> Page 39

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