SME manufacturers in Merseyside and north west England have been given a £20m funding boost thanks to the Made Smarter North West scheme.
Launched in Liverpool today (14 November) at Digital Manufacturing Week the scheme, which is backed by the government and numerous businesses, has been set up to incorporate advanced digital technology across the region’s manufacturing sector to boost productivity.
The initiative is a partnership between the Department for Business, Energy and Industrial Strategy (BEIS),Siemens, Rolls Royce, BAE Systems, Airbus and Jaguar Land Rover. The funding is expected to help 3,000 SME manufacturers based in Cheshire and Warrington, Cumbria, Lancashire, greater Manchester and the Liverpool city region.
Juergen Maier, CEO of Siemens, said: “Made Smarter has the potential to kick start a new industrial revolution for our manufacturing sector and be a catalyst for new investment in the latest digital technologies. At its core will be helping local businesses to innovate, creating new growth and technology opportunities in the process.
“It’s a hugely exciting time for the Liverpool City Region, and I believe this is truly a once in a generational opportunity to boost productivity and create the high value, highly paid jobs of the future.”