The Manufacturing Growth Programme, which is funded by the European Regional Development Fund (ERDF) and delivered by Economic Growth Solutions (EGS), has just taken its total contribution to SMEs to over £4m, having just delivered its latest grant to Wye Valley Brewery.
“We are continually proving that the right support, delivered at the right time and by the right people, can make a significant difference to manufacturers,” explained Martin Coats, managing director at EGS.
“£4m has been awarded in the form of grants so far and this has been used by firms across England to improve the way they manufacture, launch new products or access additional/new markets. This has already equated to 2100 new jobs, with a further 700 expected to be created once projects are completed.”
He continued: “The difference with MGP is that it is delivered by manufacturing experts who understand the challenges companies are facing. They understand the language MDs are talking and can guide them on making the right decisions, before bringing in specialists on specific issues they are facing or opportunities they’re looking to explore.”
Wye Valley Brewery reached out to The Manufacturing Growth Programme to help it gain a better understanding of how to eliminate unnecessary energy expenditure.
“MGP helped us conduct a detailed and comprehensive survey of our energy consumption, which triggered changes in our working practices to reduce electricity usage and save money. We also made good savings on our CCL,” added Vernon Amor, managing director of Wye Valley Brewery.
