Support programme set to benefit start-ups and SMEs

Cambridge University’s IfM Education and Consultancy Services (ECS) has launched a £2.25m business support programme for start-ups and small and medium-sized manufacturing companies.

The ‘Practical and Innovative Solutions for Manufacturing Sustainability’ programme has two key aims: to create more than 140 new jobs and to safeguard many more; and to help companies take a sustainable approach to all aspects of their businesses.

IfM ECS received funding from the European Regional Development Fund to set up the programme, which will run until 30 June 2015. It will reportedly provide fully funded support for 50 start-ups and 70 small and medium-sized enterprises (SMEs) throughout the east of England to help them increase their profits, reduce their costs and minimise their environmental impacts.