Ó Muilleoir encourages innovation to maximise Belfast rate revenue

Finance Minister Máirtín Ó Muilleoir has helped Belfast City Council launch the Small Business Research Initiative (SBRI) competition, which asks businesses to come up with innovative ideas to help maximise revenue from business rates.

The Small Business Research Initiative (SBRI) competition, has been launched in partnership with the Department of Finance Land & Property Services (LPS) and Future Cities Catapult.

Finance Minister Máirtín Ó Muilleoir said: “I am committed to looking at ways to maximise the revenue available to spend on vital public services. It’s imperative that we support innovation and foster creativity as we seek to find new, smarter ways of doing things.

“My Department’s Land & Property Services works collaboratively with all District Councils to enhance the level of services provided to our citizens. This Small Business Research Initiative competition is an exemplar of partnership working across government to deliver innovative solutions and I am delighted that LPS is working with Belfast City Council in the development of a new vision for the City.

“I would encourage forward thinking businesses or individuals who may have an idea that could boost rate revenue in Belfast to get involved with this excellent initiative.” 

Find out more about the competition on the Belfast City Council's website.

Notes to editors: 

Funding for the project has come from the Executive’s Pilot SBRI Challenge Fund which is managed jointly by the Department of Finance and the Department for the Economy.

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