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Advanced Manufacturing Supply Chain Initiative

posted 30 Apr 2012, 03:08 by RiDO Rotherham   [ updated 30 Apr 2012, 03:13 ]
The Advanced Manufacturing Supply Chain Initiative is a national initiative with a fund of up to £125m to create more competitive supply chains, sustain or create new employment opportunities, and create better synergies and sustained collaborative relationships throughout supply chains that participate in this initiative.

The competition seeks to provide a flexible approach in the type of support that can be provided to address the key barriers to supply chain development. This initiative can provide grants and loans to successful projects demonstrating real ambition to create globally competitive supply chains. The funding can also support a combination of investment in capital equipment, research and development, and training and skills in recognition of the flexibility needed to overcome the barriers that suppliers and supply chains can face.

Birmingham City Council will oversee the competition to award funds for this national scheme. The Technology Strategy Board will support Birmingham City Council in running the competition process.

The competition opened on 29 March 2012.

There are two different funding Streams:

Stream 1 - £100m is available in all manufacturing sectors to support applications from organisations in England which are seeking to make a sectoral-level impact. Projects must be collaborative with an expected minimum of £2m of support per project, although exceptions will be considered where there is strong evidence that the initiative's aims can still be met; 
Stream 2 - £25m is available for projects in aerospace or automotive supply chains, based within the 4 Local Enterprise Partnership areas that were part of the existing successful RGF bid (Black Country, Coventry & Warwickshire, Greater Birmingham and Solihull and Liverpool City Region) and which require a minimum of £200,000 of support per project. 

Applicants will need to consider the eligibility criteria for each and which would be most appropriate to support the aims of the application.

Stream 1 has two rounds of funding with the deadline for applications of 13 June 2012 or 12 September 2012 (both deadlines are at 12 noon). Applicants for Stream 1 must choose which round they wish to enter. The deadline for applications for Stream 2 is 13 June 2012 at 12 noon.