Ma Manuf nufactur uring ng Gr Growth h Progr gramme mme - - PowerPoint PPT Presentation
Ma Manuf nufactur uring ng Gr Growth h Progr gramme mme - - PowerPoint PPT Presentation
Ma Manuf nufactur uring ng Gr Growth h Progr gramme mme Presented by Catherine Bray, Manufacturing Growth Manager (Worcestershire & The Marches) MGP: What is it? 11. 11.8m 8m ERD RDF funded unded Busi usiness ness Suppo
MGP: What is it?
£11. £11.8m 8m ERD RDF funded unded Busi usiness ness Suppo upport Progr gramme e tha hat suppo support manuf nufact ctur uring ng SMEs s to bec become e mo more comp mpetitive through:
- Sustainable business improvements
- Increase productivity
- Create new products
- Enter new markets
- Improve supply chains
MGP will deliver 2500 improvement projects across 16 LEP areas between 1 April 2019 to the 31st Dec 2022
- Consultancy and Capital Grants
Eligibility and Suitability
To apply clients must be: Ø An An SME ME as defined by the EU definition: Fewer than 250 employees / A turnover less than or equal to €50 million OR
A balance sheet total less than or equal to €43 million. Not be owned by a larger organisation/group who as a whole exceed the above criteria
Ø A manufacturer defined as: “A “A business that engages in any economic activity directly related to a pr produc duct or pr produc duction n pr process the hey have have resear arche hed, d, de designe gned d or pr produc duced, d, or othe herwise ho hold d core int ntellectual property in.” Ø Able to demonstrate the intention to grow/improve
(through creation of increased turnover, inc increased d jobs and/or introduction of new products/services/processes)
Consultancy Grant
Th The progr gramme provides advice and co-fu funded grant su support to manufacturing SMEs s to wo work with the best ex external ex experts to implement business improvement pr projects. Ø Marketing – Market Research, Strategy Development, Branding, PR, Digital Marketing Ø ISO Standards – 9001, 14001, 18001, 45001 Ø LEAN Manufacturing Ø Strategy & Planning Ø New Product Development Ø Access to Finance Gr Grant to contribut bute 33-43% 43% of
- f the overal
all proj
- ject cos
- st
Pr Project value £2000 - £10, £10,000 000 Appl Application n Process
- Simple & quick process
- GROWTHmapper provides overview of business
- MGM supports client to procure best external
expertise
- Client contracts direct with provider
- GOL within 5 days of application submission
- Claim within 4 months
Capital Grant
Appl Applications ns mus ust be be related d to a spe pecific pr produc ductivity y impr provement withi hin n the he bus busine ness.
Ø Equipment/Machinery Ø Tooling, jigs or assembly kit, routing, test equipment Ø NPD kit i.e. 3D printer, laboratory / quality / Specific tooling Ø Cherry picker, narrow aisle, lifting, Ø Racking Ø Production Line equipment including refrigeration, weight, heating Ø Mezzanine Floors Ø Forklift
Gr Grants cover 33-43% 43% of
- f the proj
- ject cos
- st exc. VAT.
Pr Project value £2000 - £24, £24,999 999