Wednesday, July 6, 2011

News: Bid for Advanced Manufacturing Growth Hub in Rotherham


A programme to create an Advanced Manufacturing Growth Hub on the Advanced Manufacturing Park (AMP) in Rotherham is being developed.

This £27m programme would drive economic growth and create sustainable employment. The Sheffield City Region Local Enterprise Partnership is to play a co-ordinating role in the programme and a bid is to be put forward for £3.3m from the government's Regional Growth Fund.

NAMTEC (the National Metals Technology Centre), based in Rotherham are working on the scheme and have also been working to secure European funding for a £10m Advanced Materials Centre also on the AMP.

Plans are also being developed for a Advanced Manufacturing Institute Training Centre under a collaboration between the Advanced Manufacturing Park and Sheffield's two universities. A bid has been submitted to the Department for Education and if successful, the institute could create 200 apprenticeships per year by 2013.

The Advanced Manufacturing Growth Hub is one of two programmes and four projects endorsed by the LEP board.

James Newman, Chairman of the Sheffield City Region LEP, said: "We invited submissions which could demonstrate a significant contribution to the LEP's objectives and priorities for the City Region and that, crucially, would contribute to economic growth and the creation of jobs and private sector investment.

"The LEP is delighted to offer its support to this clear and focussed group of project and programme submissions to the Regional Growth Fund, which we hope will meet with Government's approval so as to lever investment into the City Region."

Other bids include finance support for SMES from Finance Yorkshire, the Visions of China project in Rotherham, Chesterfield Waterside, Markham Vale and Retail and construction sector growth in the Barnsley Dearne.

In addition, the LEP itself put forward two dedicated programmes of funding in order to launch an Employment Growth Programme to help small and medium-sized businesses expand and grow, and a Tech Accelerator Programme for start up companies with high growth potential, and which centre on the use of digital technologies and drive a culture of collaboration in the City Region.

Sheffield City Region LEP website


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