East-Anglian Manufacturing Companies Set to Get a Funding Boost

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The region's manufacturing companies are set to get a boost with the launch of the government's Manufacturing Growth Programme across the country including Essex, Suffolk, Norfolk and Hertfordshire. The improvement grant aims to identify opportunities, drive growth and profitability, and support manufacturers to grow.

Manufacturing Growth Grant

Stuart Allan

Identifying risk and potential, as well as developing and delivering the right strategies has never been more critical for UK manufacturers

Manufacturing consultant Stuart Allan provides support to SME manufacturers. Having founded and run his own multi-million-pound manufacturing business, Stuart is well practised in meeting the challenges faced by manufacturers, and says the outlook is positive: “There is no doubt that Brexit will bring challenges, but I believe it will create many more opportunities for those businesses that are ready to exploit them. Identifying risk and potential, as well as developing and delivering the right strategies has never been more critical for UK manufacturers.”

With 2.7 million people currently employed in the UK’s manufacturing industry, the end of 2016 was a surprisingly prosperous period after the slump of the pound saw growth in UK manufacturing reach a 30-month high. Through the Manufacturing Growth Programme, SMEs with a commitment to growth can access professional support in a variety of areas, from business strategy and operations, to innovation and marketing.

“After the shock of Brexit, 2016 was a surprisingly positive year for business,” says Stuart. “We still have uncertainty, but I believe, an incredible amount of opportunity in UK manufacturing and I’m excited to be working with manufacturers; this support has given them a platform to grow and develop.”

The Manufacturing Growth Programme improvement grant is available to manufacturing businesses employing fewer than 250 people, with a turnover of less than £43million. To find out more, visit http://www.manufacturinggrowthprogramme.co.uk/ or contact Stuart Allan on 01206 523394, E: stuart(at)stuart-allan.co.uk

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Stuart Allan

Kate Everett
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