388 new jobs have been created at small to medium-sized manufacturers across the East Midlands thanks to dedicated support designed to boost performance and help them increase sales.
The Manufacturing Growth Programme, which is funded by the European Regional Development Fund (ERDF) and delivered by Economic Growth Solutions (EGS), has just delivered its latest grant to boost the fortunes of Melton Mowbray-based Sound Control Services, taking its total contribution to SMEs to more than £705,000.
This assistance has been directed towards improving marketing activities, penetrating new sectors, developing business strategy and R&D work.
Companies – ranging from food and drink and automotive specialists to aerospace and textile manufacturers – have also benefitted from assistance in introducing new quality procedures.
“We are continually proving that the right support, delivered at the right time and by the right people, can make a significant difference to manufacturers,” explained Martin Coats, Managing Director at EGS.
“Over £700,000 has been awarded in the form of grants so far and this has been used by firms across the East Midlands to improve the way they manufacture, launch new products or access additional/new markets. This has already equated to 388 new jobs, with a further 70 expected to be created once projects are completed.”
He continued: “The difference with MGP is that it is delivered by manufacturing experts who understand the challenges companies are facing. They understand the language MDs are talking and can guide them on making the right decisions, before bringing in specialists on specific issues they are facing or opportunities they’re looking to explore.”