''The Industrial Development Board has gone a long way in trying to secure 70 jobs and now we have lost 70 jobs because of our young people.

BBC: Derry parades trouble blights investment hopes

The Northern Ireland Industrial Development Board is backing the investment.

BBC: Investment boost to textile industry

Mr Kingon added that Northern Ireland's business sector and the new economic development agency Invest Northern Ireland - being created to replaced the small business funder LEDU and the Industrial Development Board - faced a difficult year.

BBC: 'Challenges ahead' for NI economy