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Tuesday, 7 January 2014

ALMOST 70% OF SMALL FOOD BUSINESSES EXPECT BUSINESS TO GROW IN 2014





According to a recent Bord Bia food industry survey (December 2013), small Irish food businesses are
optimistic about their growth prospects with 67 per cent of those surveyed expecting business to
grow in 2014, while almost half increased their turnover in 2013.

These figures were announced during Bord Bia’s fourth annual Small Business Open Day, where
companies received information on a range of programmes and facilities available to them.
At the event, Bord Bia also launched a new Guide to Retail for Small Food Producers, a practical tool for small food businesses to assist them in winning and growing business in the Irish retail sector.
Speaking at the event, Tara McCarthy, Director of Bord Bia’s Food and Beverage Division commented:
“Supporting a dynamic, profitable and growth-oriented small business sector remains central
to Bord Bia’s strategic plans and programmes. The guide provides valuable insight for producers
and start-ups targeting the grocery retail market and it will help companies understand buyer
requirements and the trading policies of the multiple retailers and independently owned speciality
stores.”
Bord Bia works with over 400 small food businesses with an annual turnover of €400 million.
Approximately 3,000 people are directly employed in the sector and in 2013, 187 companies were
approved a total of almost €1 million in marketing grants. In 2014, many small firms will travel with
Bord Bia to trade fairs across the UK, Germany and further afield.

from
http://www.irishfoodmagazine.com

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