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17 March 2017

New  £9.7m funding pot for SMEs in the industry is announced for the region

New £9.7m funding pot for SMEs in the industry is announced for the region

Economic Growth Solutions is delivering the new European-funded Manufacturing Growth Programme for SME manufacturers.

The Manufacturing Growth Programme will enable firms to bid for grants of up to £3,500 from the national fund as well as offering access to industry specialists to help with operational issues, research and development, staff training, or expansion projects.

Funded by the European Regional Development Fund, the initiative will run until March 2019.

The programme is designed to fill a void left by the Manufacturing Advisory Service (MAS), which was lost with the abolition of the government's Business Growth Service in 2015.

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