The updated SMMT list of funding, finance and support schemes is now available here.

The guide includes programme categorisation for easy identification of available schemes for information on UK, regional and European funding and support schemes, eligibilty, descriptions, application information, contact details where appropriate and useful links.

Accessing sources of funding, finance and support can bring significant benefits to your organisation, beyond just a cash or efficiency injection. The widening of your network, the development and commercialisation of intellectual property and entry into new markets may all result from participation in such schemes.

We welcome any contribution to the report in terms of the schemes that should be included in the document. Suggestions should be made to memberservices@smmt.co.uk. SMMT updates the list regularly but cannot guarantee that the latest available information will be reflected here. You are strongly advised to contact the scheme provider before taking action.

SMMT’s Meet the Funder events

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.

SMMT’s Meet the Funder events are designed to enable companies, seeking financial and non financial support for their business, to meet with organisations who can discuss the opportunities for automotive specific requirements.

Meet the Funder 2013 was held on 24 October 2013 at Cranmore Park, Solihull. Some of the organisations which participated at this year’s event were The British Banks’ Association, Barclays, Business Growth Fund, HSBC, Lloyds Bank, Santander, Manufacturing Advisory Service,  Northwest Automotive Alliance, Royal Bank of Scotland, Yorkshire Bank, as well as regional local enterprise partnerships, regional funds and consultancies.

Presentations from the event could be found below:

Jaguar Land Rover

Technology Strategy Board

British Bankers’ Association

Business Growth Fund and VTL Group

Magal Engineering

Santander

Hamilton Court FX

HowarthLynch

Background

A key objective of the SMMT is sustaining and developing the UK’s automotive supply chain and following one of the recommendations highlighted in the report, SMMT is keen to improve the two way dialogue between the financial sector and the UK automotive industry. SMMT’s first Meet the Funder event was the largest automotive specific access to finance and support networking event. In response to a key recommendation as outlined in the SMMT’s commissioned report to identify the barriers to funding within the UK’s automotive supply chain SMMT hosted the first event in November 2012. Produced by The Smith Institute, the report, ‘Give them some credit!’, was launched in June 2012 and outlined the main financial and growth constraints affecting the UK automotive supply chain. This in-depth investigation goes further to explore the nature and extent of the specific financing issues affecting the sector.

View the SMMT’s news story from the last year’s event click here.

Accessing sources of funding, finance and support can bring significant benefits to your organisation, beyond just a cash or efficiency injection. The widening of your network, the development and commercialisation of intellectual property and entry into new markets may all result from participation in such schemes.

As an economic recovery slowly begins to take shape in the UK,  government is frequently reviewing and creating various  initiatives to  support R&D, business growth, low carbon and business efficiency  improvements. SMMT has created a document to capture information about current and future schemes and their availability. As industry continues to change the document is subject to regular alteration and we recommend that you access the document on-line to ensure you are accessing the most up-to-date version and follow the links to the facility provider before embarking on any application process.

SMMT’s Funding and Support Guide

The updated SMMT list of funding, finance and support schemes is now available on the next tab.

Next Meet the Funder event – 24 October 2013

For more information about the Meet the Funder, finance and support networking event, please click here.

Low carbon focus

The Low Carbon Funding Landscape Navigator has been developed to provide clear guidance on public and private funding sources and support mechanisms for UK low carbon energy projects. It highlights what sort of funding is available and who might be able to partner with, covering both energy efficiency projects in manufacturing and low carbon vehicles. By placing this information at the users’ fingertips the Navigator will reduce time wasted and opportunities missed.

As a non-registered user you will be able to search for the latest funding opportunities in the low carbon area and will be able to get background information on current private and public funding providers.

As a registered user looking for funding you will be able to indicate which calls you are interested in and get support in finding the right partners to build consortia for specific calls.

It has been developed by the Energy Generation & Supply Knowledge Transfer Network and is available at www.lowcarbonfunding.org.uk

For further information about our proposal checking service or funding queries contact our Technology and Innovation Officer, Luke Hampton.

lhampton@smmt.co.uk, 0207 344 1625