SME manufacturing companies across Lincolnshire now have the chance to bid for a share of £9.7 million following the launch of a new business support initiative.
The Manufacturing Growth Programme (MGP), funded by ERDF and delivered by Economic Growth Solutions (EGS), will provide access to specialist assistance to help firms grow and improve.
Lincolnshire manufacturing businesses will be able to apply for grants of up to 35% of the total project cost to a maximum of £3,500, as well as gain access to industry specialists.
In order to deliver the project, MGP is working closely with the Greater Lincolnshire LEP and Growth Hub.
Support can be used for leadership and management training, R&D, lean manufacturing, productivity and capacity, quality systems and supply chain development and is open to all SME manufacturers in the county.
The programme must be completed by March 2019, so businesses are being urged to take advantage of the new scheme now.
MGP’s network of Manufacturing Growth Managers will work with firms on completing a strategic business review and developing an action plan.
This will highlight the areas of improvement required and, from there, a number of industry specialists will be explored before the client chooses the expert they want to work with to complete the project.
Lorraine Holmes, Chief Executive Officer of EGS, said: “Since MAS was abruptly axed at the end of 2015, manufacturers have not had access to a support programme that is tailored to their exact requirements and delivered by people who know the sector.
“MGP now has funding in place to help firms tackle operational issues, make the most of new opportunities and boost the skills of their workforce.”
For more information, visit the Manufacturing Growth Programme‘s website.