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Manufacturers urged to bid for funding

Businesses across Devon and Somerset are being urged to bid for funds from millions of pounds worth of fresh Government funding.

A new cash fund worth £125 million has been launched which will benefit manufacturers looking to fund supply chains for their work.

The government’s Advanced Manufacturing Supply Chain Initiative (AMSCI) aims to enable existing supply chains to grow and become world class, whilst also encouraging new suppliers to establish operations in the UK.

The fund is a major opportunity for UK manufacturing to become more self-sufficient, improve logistics, as well as quality and delivery issues.

Heart of the South West (HotSW) Local Enterprise Partnership (LEP) said that the fund gives companies across the area a good chance to get financial support.

Chair of HotSW Tim Jones said: “This is a fantastic opportunity for companies who are looking to grow – whether you are a prime or a supply chain manufacturer, this funding could be for you, but you will need to act quickly as the closing date is 13th June 2012.

“It may also be possible to find potential partners and endorse bids, which will undoubtedly be of benefit during the successful bid awarding process.”

AMSCI is being funded by the Regional Growth Fund and the Department for Business Innovation and Skills.

For more information on AMSCI and to apply for funding, visit http://www.innovateuk.org/content/competition/advanced-manufacturing-supply-chain-initiative.ashx – the closing date for applications is 13th June, but applicants are being encouraged to submit their applications prior to this date.

ENDS

Notes to Editors:

For more information, contact Liz Waugh or Julie Everett at Coast Communications on 01752 847135 / 07966 388921

Heart of the South West

The Heart of the South West Local Enterprise Partnership (LEP) has been formed under the leadership of the private sector supported by the local authorities from Devon, Plymouth, Somerset and Torbay and the area’s District Councils. It is one of 39 partnerships created since the Government’s Local Growth White Paper published in October 2010.  More information about the work of the LEP is available from the website www.heartofswlep.co.uk.

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      David Ralph

      Chief Executive

      David Ralph started as Chief Executive of Heart of South West LEP at the beginning of June 2018. Previously, he had spent 5 years as CEO of the Derby, Derbyshire, Nottingham, Nottinghamshire (D2N2) LEP from 2013 where he oversaw the development of the D2N2 Strategic Economic Plan and sector strategies, 3 Growth Deals with HM Government to deliver a £1billion capital investment programme, securing and implementing £200m ESIF programme, the Derby and Nottingham Enterprise Zone, the D2N2 Skills Deal and Time for Innovation programme, community fund and led the executive team to develop the HS2 East Midlands hub. He was also closely involved in the proposed North Midlands Devolution Deal and one of the key architects in establishing the Midlands Engine, chairing the officer steering group. Whilst in this role David was a NED of the Nottingham Enterprise Zone, and Marketing NG, the Outer Estates Foundation and a Governor of Nottingham College and on the advisory Board of Nottingham Business School.

      Before the East Midlands, David was CEO of the Have Gateway Partnership working closely with local stakeholders including the ports of Felixstowe, Harwich and Ipswich and BT Adadastral Park across Suffolk and Essex and prior to that was Chief Exec of the Barton Hill New Deal for Communities programme in Bristol and the Nelm Development Trust in Norwich.

      David is a keen sailor, walker and trail runner.