Charlotte Stonestreet
Managing Editor |
Next wave of North West manufacturers sign up to Made Smarter support
13 August 2019
Eleven manufacturing firms in the North West have signed up to a business-led programme which aims to use digital technology to boost growth and success.
By implementing advances in data analytics, Artificial Intelligence (AI), Augmented Reality (AR), Industrial Internet of Things (IIoT), 3D-printing and robotics, firms can enhance their profitability and competitive edge. The investment is expected to bring extensive benefits including improved productivity and revenues, increased export sales, job creation, providing new skills to workforces, integration with supply chains and reduced environmental impact.
The 11 businesses, based in Greater Manchester, Cheshire and Warrington, Lancashire, Cumbria and Liverpool, operate in the food and beverage, engineering, healthcare and agriculture sectors, are set to introduce advanced manufacturing methods. They will benefit from the £20 million Made Smarter Programme, which will help them to grow by adopting new digital technologies.
Minister for Business and Industry Nadhim Zahawi said: “The Made Smarter Programme is enabling manufacturers across the North West to access advanced digital technologies with the aim of driving growth and increasing productivity while reducing costs - all part of our ambition to make the UK a global leader in shaping how the modern world does business.
“The 11 new companies announced today will not only reap the benefits themselves, the investment will support a multi-million-pound boost to the local economy, keeping the region at the forefront of the latest innovations. They join 24 businesses who have received project funding to date, and I would urge others to follow in their footsteps.”
For these 11 businesses alone, the Made Smarter business support programme could deliver an additional £13M in gross value added (GVA) for the North West economy over the next three years.
The new firms to sign up to Made Smarter follow a pioneering tranche of nine manufacturers already part of the pilot, which aims to engage with over 3,000 manufacturing SMEs in the North West.
Donna Edwards, Director of the Made Smarter North West pilot, said: “Made Smarter is relevant for any North West SMEs employing less than 250 staff who make, create, manufacture or engineer and I urge local businesses not to miss this opportunity. Register today for a fully-funded audit of your operations.”
Up to 600 North West firms will also qualify for more in-depth support including mentoring from senior industry figures, a leadership and management programme specifically designed to support leaders to implement digital change, and match-funded grants towards the cost of new software or hardware.
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