£125m fund for advanced manufacturing supply chains announced

by Kevin on December 7, 2011 · 0 comments

A new initiative of up to £125 million is being set up to improve the competitiveness of UK advanced manufacturing supply chains.

The fund will help UK supply chains grow and achieve world class standards while encouraging major new suppliers to come and manufacture here.

The Advanced Manufacturing Supply Chain Initiative will support innovative projects in key manufacturing sectors including aerospace, but will also target newer growth areas, some of which are developing rapidly in Bristol, such as energy renewables and other low carbon sectors.

The competitive fund will invite applications early in the new year, and more details will appear on the Technology Strategy Board website as they become available.

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