03 Mar How manufacturing SMEs can drive growth, increase profitability and stand out
There is a lot currently on offer for British manufacturing SMEs. The two main schemes this article focuses on are the manufacturing growth programme and the Ready2Grow scheme. Ready2Grow is running until February 2019 and aims to drive entrepreneurship throughout Northamptonshire, and improve the capacity of small to medium sized enterprises.
Ready2Grow encourages innovation and the development of new skills whilst simultaneously exposing SMEs to growth funding. The project combines one-to-one support with specialist business advisers, free workshops and the opportunity to apply for Business Support grants up to £3,000 and Major Growth Investment Grants up to £25,000.
The manufacturing growth programme offers free advice and support to manufacturing SME’s, it aims to help drive growth and increase profitability. Grants are available to support business improvements to those operating in the West Midlands, Yorkshire, Humber, parts of the East Midlands and the East of England.
Delivered by Economic Growth Solutions, the manufacturing growth programme could help you with the following:
- Business Overview and strategy
- Leadership and management
- Supplier relationship
- Customer relationship
- Products and services, Innovation and R&D
- People and resources
- Productivity and Capacity
- Marketing knowledge
- Continual improvement
The support and advice offered is bespoke so that each manufacturing SME obtains the right assistance needed. The programme offers a perfect opportunity to work closely with manufacturing growth managers.
They will help you:
- Create plans for growth and improvements.
- Work with the best external experts to implement those plans.
- Provide up to 35% of the cost through a growth/improvement grant.
- Connect to wider support to maximise opportunities for growth.
How we can help you
3di has years of experience helping companies just like your own. One area of strength is our expertise and knowledge about designing for manufacture. Our product designers and technical engineers will guide you through our simplified 4 step process. This process enables you to have a continual visualisation of your dream becoming reality.
i Discover – we immerse ourselves into the lives of your customers
i Define – Prioritise the challenges or problems that need to be addressed
i Develop – Use a range of techniques to bring the ideas to life
i Implement – Complete solution from concept to manufactured products
To take advantage of the opportunities featured in this article follow the links below: