Over the past 6 years, the Manufacturing Growth Fund has already supported over 130 businesses with grants between £1,000 and £8,999 and helped to create over 150 jobs and generate over £7,000,000 worth of sales.
Grants are fixed at a 36% intervention rate and can contribute towards projects with a cost between £2,778 and £24,999.
High-value grants are extremely limited and would be expected to generate significant growth in these areas. An average project would typically cost between £10,000-15,000.
One application can be made per business, with grants available for purchasing new machinery and equipment, as well working with external consultants and specialists in the following areas:
Sales & Marketing
Operational Efficiency
Systems
IT/Software
Innovation
Sustainability
All applications are subject to approval and will be evaluated individually on their ability to demonstrate growth potential through new job creation, improved productivity, increased sales and the development of new products.
Steve is an advocate of UK manufacturing with a keen interest in people-centred productivity. He has spent all his working life in and around manufacturing. Steve is passionate about supporting the fortunes of Lancashire’s manufacturers.
Starting off his career as a Mechanical engineering apprentice and educated to a Degree level in Manufacturing Systems Engineering, he has worked in some of the county’s best awarding-winning manufacturing environments.
With a background in people management, process development and cost reduction, Matt has developed a passion for helping manufacturers to identify improvement opportunities and supporting them in making positive changes.
Matt has worked directly with established and start-up manufacturing businesses to help them overcome challenges, grow sales, and develop new products and services. He also has a broad knowledge of the wider support available to manufacturers. He has worked with multiple clients to help them identify and access the relevant support available to them.
