Manufacturers were given an in-depth opportunity to find out how they can benefit from the Government’s Advanced Manufacturing Supply Chain Initiative (AMSCI) this week (02 May) in Liverpool City Region.
The event, organised by Liverpool City Region Local Enterprise Partnership, was the launch of the AMSCI competition for the north of England.
AMSCI will provide grants and loans to successful projects creating globally competitive supply chains in sectors such as aerospace, automotive chemicals and low carbon.
Delegates heard how the national programme aims to support existing supply chains to grow and become world class, whilst also encouraging new suppliers to establish operations in England.
The Government Initiative is based on an existing Regional Growth Fund (RGF) bid by a group of Local Enterprise Partnerships (featuring Liverpool City Region, Black Country, Coventry and Warwickshire and Greater Birmingham and Solihull), which focused on supporting automotive and aerospace supply chains in those geographical areas.
Alan Welby, Executive Director – Key Growth Sectors, Liverpool City Region Local Enterprise Partnership said: “Advanced Manufacturing plays a significant part of Liverpool City Regions economy – with over 3,000 manufacturing companies employing 35,000 people. This fund will help strengthen the City Region’s manufacturing sector by giving a helping hand to the companies wanting to develop their products. It will also enable us to create a climate that will encourage national and international manufactures to set up or develop existing operations in the City Region.”