Published: 22nd Aug 2017
More than 1,000 small to medium-sized UK manufacturers have been given a business boost over the past 10 months thanks to a new £9.7m business support initiative.
The Manufacturing Growth Programme (MGP), funded by the European Regional Development Fund (ERDF) and delivered by Economic Growth Solutions (EGS), has helped companies across the UK to grow, develop new products and overcome production issues that were previously holding them back.
This has reportedly already led to 400 new jobs, with an additional 359 positions expected to be created once ongoing projects are completed. By the end of July, £1.6m of grant contributions have been made, with money in place to support another 2,200 firms between now and March 2019.
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