WIREDGOV

Successful bids from Round 1 of the Government’s £125 million Advanced Manufacturing Supply Chain Initiative (AMSCI) are projected to create or safeguard over 2,160 jobs supported by approximately £80 million of joint public and private sector investment.

Of the £80 million investment, around £30 million has been awarded from the initiative subject to due diligence, with a further £50 million being leveraged from private sector partners.

The investments will finance and strengthen 11 manufacturing supply chain projects across the automotive, aerospace and chemical sectors – key areas of the Government’s Industrial Strategy.

Click here for full press release