SMMT News

SMMT opens the door to dialogue between finance sector and automotive industry at Meet the Funder 2013

11 September 2013 #SMMT News

This year’s SMMT Meet the Funder event will be held on 24 October 2013, at Cranmore Park, Solihull.

Having identified that access to funding was a significant barrier to growth within the UK’s automotive supply chain, SMMT created Meet the Funder in 2012 as a way of bringing together some of the UK’s largest financial lenders/support agencies and automotive supply companies at a specialist networking event designed to enhance dialogue, strengthen relationships and ramp-up lending in the auto industry. Jaguar Land Rover’s recent announcement of £1.5 billion investment into its Solihull plant, for example, will create numerous openings for OEMs looking to expand, and Meet the Funder can provide the ideal platform to capitalise on such opportunities.

In 2012, over 140 attendees from 70 supply chain companies attended. It is hoped that this year will be bigger and better as over 30 funders already confirmed for the event.

Some of the confirmed organisations taking part this year include: Barclays, Blue Sky Corporate Finance, Business Growth Fund, FD Centre, HSBC, Lancashire Rosebud Fund, Lloyds TSB, Ludgate Finance, Santander, Manufacturing Advisory Service, Manufacturing Technology Centre, Royal Bank of Scotland, Yorkshire Bank and many more. The full list of funders and further details could be accessed here.

This will be a great opportunity to hear from three key industry stakeholders – British Banker’s Association, Jaguar Land Rover and Royal Bank of Scotland – and to arrange one-to-one appointments to discuss your concerns or business needs. As a new feature to the event, there will be a series of additional seminars throughout the day designed to provide further details about the support, both financial and non financial, available across the UK.

This year we also have another networking opportunity: Facilitated Networking involves informal peer-to-peer meetings with fellow attendees, as well as an exhibition area where the majority of funders will have a stand.

To book a place please register here.

Please note the charges:

  • SMMT members: FREE with your membership number (please contact us on membership@smmt.co.uk or 0207 344 9210/1663 to get your membership number).
  • Non Members: £30+VAT administration fee (early bird discount with 50% off extended until 23 September).

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