Earlier this year, government made available details of the £125m supply chain fund aimed at improving the size, quality and global competitiveness of the UK’s advanced manufacturing supply chain sector.
The fund is aimed at supply chain companies operating in England and can be used for capital expenditure, skills training and R&D projects. Due to the minimum project threshold value of £2m, it is envisaged that many bids will need to be from a consortia of companies.
SMMT Industry Forum has developed an approach to support the creation of consortia and is working closely with supply chain companies to develop their bids.
The funding competition is expected to open shortly and SMMT hosted a webinar on Wednesday 4 April at 10:30 with Geoff Dale, Director of Industry Forum. Geoff discussed how SMMT Industry Forum is working with supply chain companies to collate and submit viable bids.
The webinar covered:
“¢ Details of the dedicated fund areas (R&D, capital expenditure and skills and development).
“¢ Details on funding eligibility, how to apply for funding, including application deadlines.
“¢ Details on how SMMT Industry Forum can support supply chain companies submit a joint application for funding.
To view the webinar, click here.
