As a result of the successful delivery of an original £10.3m business support programme, SME manufacturers have been given a major boost this week with news that an additional £11.8m of business support has been given to help a further 2,400 companies to grow.
From this fund, £1m of manufacturing advisory support has been secured for Leicester and Leicestershire.
The Manufacturing Growth Programme (MGP), which is funded by ERDF and delivered by Economic Growth Solutions part of Oxford Innovation, has already supported more than 2,000 SME manufacturers across England since October 2016 to make improvements by identifying, understanding and removing their barriers to growth.
More than 3,200 new jobs have been created as a result of the support provided by experienced Manufacturing Growth Managers, access to industry specialists and the opportunity to apply for improvement grants.
From April 2019, support can be used for an array of improvement projects such as continuous improvements, change, environmental and sustainability, leadership and management, marketing, people and skills, productivity and capacity, quality and strategy.
The additional funds aim to provide a more valuable and quality level of support from a dedicated, local Growth Manager. A more in-depth business diagnostic and action plan will be provided as part of the support alongside providing an improvement grant.
A series of manufacturing themed workshops will also be available from Summer 2019 to help develop the skills within manufacturing businesses.
If you’re a manufacturing SME, the Manufacturing Growth programme want to find out more about your business and discuss how it can support you to achieve your growth plans.
For further information, please visit www.manufacturinggrowthprogramme.co.uk or follow @mfggrowthp on twitter.
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