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Copyright
© 2006 Guide Line Promoti |
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your business is
their business |
“Other jurisdictions have been very interested in the service we are giving,”
said Dustin Orfila, “including the Government of Bermuda.” |
The InvestGibraltar Office is an integral part
of the Department of Enterprise & Development,
which helps would-be businesspeople,
whether local or from abroad, to realise their
plans — or, when necessary, to advise them
that their idea is not realistic.
Having spoken to Julian Baldachino, who
heads the InvestGibraltar Office, and his executives
Dustin Orfila and Javier Redondo, I soon
came to the conclusion that everybody who
wants to open a business in Gibraltar should
go and see them first. Their job is to clear the
way, to make sure you know all you need to
know about any forms that have to be filled
in and licences that might have to be sought,
how to create a business plan, where to find a
lawyer or accountant; in short, the lot.
Julian told me their job isn’t just a matter
of handing out some literature — although
they have produced a fully comprehensive
free 39 page guide which covers just about
everything anyone could want to know about
the subject.
However, it’s not just a matter of handing
out the right brochures and saying ‘good
luck.’
“When someone has been to see us for
advice or information, we follow it up with a
phone call a couple of weeks later to see how
they are getting on, in case they have come up
against a hurdle they think is insurmountable.
Sometimes it is just a case of their having lost
their impetus, but in many cases our follow-up
call prompts them into action,” said Julian.
My impression of InvestGibraltar was that it
is a friendly, efficient and informal department whose three executives are quick
thinking and thoroughly familiar
with the information they need
to dispense. They are certainly
the complete opposite of the old
style grumpy, slow moving civil
servant, thankfully now almost
extinct.
The Office has been running
since June 2004, and was the brainchild
of Minister Joe Holliday.
“One of the first things he did
when he took over the then Department
of Trade & Industry
was to establish this service,” said
Julian. “He wanted a one-stop
shop for investors and startups
that would also look at the way
Gibraltar’s systems work with a
view to making recommendations
for change.”
Now their remit includes marketing
Gibraltar to the outside
world as a good place to do business,
as well as helping existing
businesses to develop. In the latter
case, the growth is demonstrated
by the fact they are hoping to take
on a Business Development Officer
later this year.
Since the beginning the number
of people using the service has
accelerated. Last year the Office
had meetings with 71 potential
investors and dealt with over 400
email and telephone enquiries
(almost double that of the year
before). As a result, 14 new businesses
started up in the fields of
Tourism, Financial Services and
E-Commerce, Trade & E-Trade,
and other miscellaneous areas. It
could well be that more startups
will follow this year as a result
of last year’s enquiries, as some
businesses, such as Gaming and
Maritime Services, take longer to
establish than others.
“Our success in attracting people
to come here to see us is the
result of our marketing of Gibraltar
PLC and creating awareness
of the Office itself,” said Dustin.
“Word-of-mouth recommendations
are also increasingly playing
their part.”
Another advantage of dealing
with the InvestGibraltar Office is
that it is a government office that
liaises with other government
departments. Julian explained that
he and his team can often speed
up the time taken to get a business
going by using the network they
have established with other parts
of the civil service.
“But we don’t act as a substitute
for other departments, such as the
GTB and the Finance Centre,” he
said. “We do complement them,
though, and work with them for
the common good — such as accompanying
them on a road show,
for instance.”
The process for anyone thinking
of establishing or expanding a
business in Gibraltar who comes
to see the InvestGibraltar Office
is very straightforward: there is
a short form to complete; then
Javier, Dustin or Julian will listen
to what you have to say and advise
accordingly; then there is the
follow-up call to see how they are
progressing.
“We encourage them to look
seriously and realistically at their
idea,” Javier added. “Some are
daunted by that, but others take it
further. The after-service is vitally
important, as it is the way we find
out about any obstacles that we
might be able to help with. We
do tend to hold their hand, as far
as they want us to. As well as the
bigger businesses, such as Gaming,
we would love to be able to
encourage more craftsmanship
and cottage industries to develop
amongst local people, but there
is no point in encouraging a
business that we consider won’t
survive. We are very frank in that
respect.”
The InvestGibraltar Office is on
the top floor of Block 7 at Europort.
The Office’s direct telephone number
is 200 52634, fax 200 52635; email
info@investgibraltar.gov.gi. Meanwhile,
you can get the full story from
the website www.gibraltar.gov.gi. |
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Europa Point's Plants
To anyone visiting Europa Point on a strong Levanter gale, this area of the Rock is not a very pleasant one. This harsh environment is not one where anyone would expect many flowers to grow, especially when it is regularly exposed to strong winds and sea spray. |
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