Funding for lighting manufacturers who bring business back to the UK – Lighting

by admin on July 23, 2014









Lighting manufacturers can now bid for a share of £100 million from a government scheme to help strengthen their domestic supply chains and bring manufacturing back to the UK.

The funding from the Advanced Manufacturing Supply Chain Initiative (AMSCI) will provide research and development support, skills training and investment capital while encouraging major new suppliers to “reshore” in the UK.

Vince Cable

Business secretary Vince Cable said: “A strong manufacturing sector is vital to a balanced economic recovery and I want to ensure that Britain’s supply chains are up to the task of supporting the sector in the long term.

“Our industrial strategy, which has given business the confidence to invest, is paying dividends in the reshoring we have seen so far. We will continue to support businesses to secure more highly skilled jobs and a stronger economy.”

Five previous rounds of AMSCI funding have secured nearly half a billion pounds of public-private investment for 44 projects in the UK.

Full competition details and information can be found on the AMSCI website.












Have your say

You must sign in to make a comment.





Source Article from http://www.lighting.co.uk/news/latest-news/funding-for-lighting-manufacturers-who-bring-business-back-to-the-uk/8666061.article

Previous post:

Next post: