MGP funding comes to a close

One of the UK’s most successful industrial business support programmes comes to an end this month after helping the manufacturing sector to create or safeguard 12,435 jobs since 2016.The Manufacturing Growth Programme (MGP), designed and delivered by Oxford Innovation Advice, will see funding from the European Regional Development Fund end and is now urging the Government and local authorities to ensure the quick placement of tailored advice for manufacturing SMEs.

MGP’s final report revealed that over 95% of companies surveyed expected their business to grow in the next five years after receiving support from the programme, with 63% identifying the development of new products as a key area. In addition, 63% said they had already seen an increase in turnover, while 52% cited improved productivity as the main outcome of support received.
For further information www.oxfordinnovationadvice.co.uk