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Support on hand for manufacturers

Manufacturers across Herefordshire, Shropshire and Telford & Wrekin are being urged to take advantage of a hugely successful programme and go for growth.

Through the Manufacturing Growth Programme (MGP), small and medium sized manufacturers are offered help to grow by identifying, understanding and removing barriers to growth and enabling sustainable business improvement.

New figures show that fully-funded support from MGP has helped Marches businesses create more than 200 new jobs, receive £ 439,308 of grants and deliver £ 687,480 of private sector investment from October 2016 to November 2021.

In the six months from April 1 to September 30 last year the MGP helped 16 separate businesses with expansion plans across the Marches  – offering grants of £45,506.

It is supported across the region by the Marches Growth Hub – the Marches Local Enterprise Partnership’s business support service.

Dave Courteen, Marches LEP small business champion, said MGP offered a fantastic opportunity for manufacturing businesses that wanted to grow and create new jobs and opportunities.

“This is a tried and tested programme which has a superb track record of achieving results for the businesses it has supported as these figures show.

“Sometimes manufacturers just need a little extra help to pursue their own ambitions for growth and the MGP can offer that with industry-leading expertise, its GROWTHMapper diagnostic tool to identify where expansion is possible. A manufacturing growth manager will provide ongoing support and carry out a detailed action plan to help your business grow, and help with access to grants."

Companies already successfully helped by the MGP across the Marches include:

The programme also helps manufacturers identify opportunities and create plans for growth and improvement by connecting them with the best external experts to implement those plans. A third of the cost of implementing the plans will be covered through a growth/improvement grant with a maximum project value of £10,000.

The programme – which is funded by the European Regional Development Fund - remains open until December 2022 and is designed and delivered by Oxford Innovation Advice across 18 LEPs, including the Marches.

Pictured: Dave Courteen, Marches LEP small business champion