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 and 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 several companies clustering together to form one bid.
SMMT Industry Forum has developed an approach to support the clustering of potential bids and are working closely with supply chain companies to develop their bids.
Competition for the funding is expected to open shortly and SMMT will host a webinar on Wednesday 4 April at 10:30 with Geoff Dale, Director of Industry Forum. Geoff will discuss how SMMT Industry Forum is working with supply chain companies to cluster and submit viable bids.
The webinar will cover:
- 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 IF can support supply chain companies submit a clustered application for funding.
To register for this free webinar, click here.