After the successful delivery of a £10.3m business support programme, SME manufacturers have now been given a major boost with an additional £11.8m. This extra boost aims to help a further 2,400 companies to grow!
The Manufacturing Growth Programme (MGP), which is funded by ERDF and delivered by Economic Growth Solutions (part of Oxford Innovation), has already supported over 2,000 SME manufacturers across England since October 2016.
More than 3,200 new jobs have been created as a result of support provided by experienced Manufacturing Growth Managers, access to industry specialists and the opportunity to apply for improvement grants.
From April 2019, support can be used for a wide variety of improvement projects such as:
- Continuous improvements
- Leadership and management
- People and skills
- Productivity and capacity
- Quality and strategy
The additional funds aim to provide a more valuable and quality level of support from a dedicated local Growth Manager. An in-depth business diagnostic and action plan will be provided as part of the support, alongside providing an improvement grant.
Helen Fortune is the Manufacturing Growth Manager for the Black Country, she has previously written a guest blog post for our website discussing the programme’s success, which you can view by clicking here.
You can contact her at email@example.com or 07790 358 605
Martin Coats, Operations Director of Oxford Innovation added,
“In October 2016, we had a business support programme to deliver, all staff on the programme have worked incredibly hard to get to where we are today, and we’ve been overwhelmed with the amount of support and progress both the programme and the company have made.”
“Working with the Local Enterprise Partnerships (LEP’s) and local Growth Hubs to continually add value to SME manufacturing businesses across the country has resulted in their commitment to support us for another two and a half years.
“As a result of the successful delivery of MGP, we have joined forces with Oxford Innovation Services, to deliver the extension of the programme from April 2019 to allow us to provide the country’s largest manufacturing business support organisation.”
Dean Barnes, Regional Director of the Manufacturing Growth Programme added,
“We are extremely proud of where we are and how far we’ve come as a team. The support we’ve given to SME manufacturing companies across the country to date is tremendous. Not only have we supported economic development through the creation of over 3,200 new jobs, we’ve enabled sustainable business improvements to thousands of ambitious businesses”
It’s never been easier. The process is slick, the scope of support is tailored to each business’ needs, the business diagnostic provides an in-depth look into their business and the results, as proved, are making a real difference.
If you’re a manufacturing SME, we’d love to find out more about your business and discuss how we can support you to achieve your growth plans.
For further information, please visit www.manufacturinggrowthprogramme.co.uk or follow @mfggrowthp on twitter
Economic Growth Solutions, Part of Oxford Innovation
Economic Growth Solutions (EGS), part of Oxford Innovation, is committed to providing business support to SME’s to help them improve their competitiveness and grow. Core to our approach is to work with clients to understand their needs and build solutions that support them on their journey to success.
By providing solutions to drive economic growth, EGS delivers effective business support programmes, working in partnership with funders to produce tangible results within businesses whilst maximising the return on the initial investment.
Economic Growth Solutions will continue to deliver the Manufacturing Growth Programme (MGP) as direct employees of Oxford Innovation Services Ltd.