Partner Article

Supply chain funding initiative for Black Country

Black Country manufacturers are being urged to apply for part of a new £125m fund to support their work.

The government’s Advanced Manufacturing Supply Chain Initiative is a £125m pot, created through a successful bid for RGF from the Black Country LEP, together with partners in Coventry, Warwickshire, Greater Birmingham and Solihull and Liverpool City Region.

Now businesses that are part of supply chains are being urged to come forward and bid for the funding.

Stewart Towe, chair of the Black Country Local Enterprise Partnership, said: “We are delighted as a region to have secured the £25 million to support the development of the supply chain with our partners in Greater Birmingham & Solihull, Coventry & Warwickshire and Liverpool City Region.

“Black Country firms will be eligible, along with companies in the other three areas, to bid into this £25 million pot and Black Country companies can also bid into the additional £100 million fund available across the country.”

Full details of the scheme will be announced at a launch event at the ICC in Birmingham on April 27.

Businesses will find out how the initiative will look to support existing supply chains while also encouraging new suppliers to set up in this country.

Birmingham City Council will administer the fund, with registration and processing of applications undertaken by the Technology Strategy Board.

This was posted in Bdaily's Members' News section by Tom Keighley .