Member Article

North East employers encouraged to tap into £24m manufacturing funding pot

North East employers can access up to £14m of a £24m funding pot aimed at helping regional manufacturers grow.

The multi-million pound scheme has been launched to increase the manufacture of tools in England, and so far 20 UK firms have received a slice of the cash. Remaining cash is reportedly earmarked for businesses in the West Midlands.

At a packed meeting of the Advanced Manufacturing Forum (AMF), in South Shields, members were urged to make use of a £14m portion of the total pot that has been earmarked for companies in the region and further afield.

Jack Hanwell, manufacturing sector development manager for AMF, said: “AMF was delighted to have been able to provide this opportunity to its manufacturing members.

“Support such as this is vital to help manufacturing compete on the global stage and AMF’s regular monthly events will continue to provide practical and informative advice.”