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A new survey of results supported by NUI Galway has outlined that across Europe’s Northern Edge, 60 per cent of creative entrepreneurs work on their own. A further 31% of enterprises employ fewer than five people.

The Western Development Commission has launched a call for applications under its micro-loan fund for creative industries.

A conference held in the city this week has illustrated that the audio visual sector added €72m to the economy of County Galway alone in 2012, employing over 600 people

The Western Development Commission (WDC) has launched its fifth call for funding applicants under its Micro-Loan Fund for Creative Industries. The fund has already had four very successful calls and has disbursed €160,000 to creative businesses in the western region and looks forward to increasing its disbursals into 2014.

The Western Development Commission (WDC) has launched its second call for funding applicants under its Micro Loan Fund for Creative Industries. Following a very successful first call in June of last year, the fund has already disbursed €120,000 to creative businesses in the Western Region and looks forward to increasing its disbursals over 2013.

FINE ART is normally an expensive purchase, and a painting could set you back enough to lead you to enduring beans on toast for your Christmas dinner.

Creative enterprises such as digital media, film, art, design and the Irish language have significant potential for future economic development in the western region. That’s according to the Western Development Commission (WDC) who are devising a strategy for the region’s creative economy in conjunction with regional businesses and a high-level industry advisory group.

When international comparisons are factored in, the western region has the potential to create at least an extra 2,000 jobs in the creative sector, according to Gillian Buckley, chief executive of the Western Development Commission. Ms Buckley was speaking at the launch of the WDC’s report Creative West: The Creative Sector in the Western Region, the first study of its kind conducted in Ireland. She added: “There are 4,779 creative businesses operating in the western region, directly employing over 11,000 people or three per cent of all employment in the region. This generates an annual turnover of €534m and directly contributes €270m to the gross value added of the regional economy. It is therefore a major economic contributor to the region that we believe can be grown significantly, even in these difficult economic times.”

The Western Development Commission, in association with photo website Pix.ie, has launched a photo competition to highlight the Creative West as the Western Region rapidly becomes Ireland’s hub for the creative industries with over 11,000 jobs in the sector according to a recent WDC survey.

If Ireland truly wants to develop and be at the cutting edge of the smart economy, then an integrated national strategy to develop the creative sector is essential.