Funds unlocked with extension to Manufacturing Growth Programme

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An extension to the Manufacturing Growth Programme will give SME manufacturers in England a chance to access an extra £6.5m to help them recover from the Covid-19 pandemic.

The Manufacturing Growth Programme (MGP), which is funded by ERDF (European Regional Development Fund) and delivered by Oxford Innovation Services, has been extended until December 2022 and will give a further 2800 companies access to industry experts and grants to tackle immediate business issues and support improvement plans.

Manufacturing SMEs call for clarity on government COVID-19 support

This additional backing is likely safeguard/create 3500 new jobs and will take the total package of support to £18.3m across 17 regions, with businesses in Sheffield able to apply for the first time.

Firms are given access to a dedicated local Manufacturing Growth Manager, who will use GROWTHmapper (a diagnostic tool specifically designed for manufacturing businesses) to develop an individual action plan and support a range of business projects.

“All the media attention is on the headline manufacturers and how they are coping in the wake of Covid-19…it’s our job to look at how the smaller manufacturers supporting these big businesses are performing and what we can do to help them,” said Martin Coats, Managing Director of the Manufacturing Growth Programme.

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