AMSCI - Advanced Manufacturing Supply Chain Initiative
Investment: min £0.5m
Transaction: Project costs
Location: England
Sector: Adv. Manufacturing
Are you a advanced manufacturing supply chain provider? Or a manufacturing SME innovator? The recycled AMSCI (Advanced Manufacturing Supply Chain Initiative) is a fund for businesses seeking investment to increase their growth potential and support job creation.
Supporting the growth of the advanced manufacturing sector by providing loan investment to help address market failures and increase business capabilities and competitiveness.
What are the key features of the fund?
- Investment from £500,000, linked to job deliverables.
- Can be used for Capital Expenditure, R&D, Training and other project related costs.
- Available to single SME applicants, including suppliers and innovators.
- Available England wide.
- For any manufacturing sector, not just automotive, operating anywhere in the advanced manufacturing supply chain.
What is the eligibility criteria?
- Eligible projects and deliverables must be located in England with outcomes to include the creation
of new jobs and/or safeguard existing ones. - Must be able to demonstrate that a project would be significantly delayed or not feasible without
the requested investment. - Has a clear route of bringing project to market in a reasonable timescale.
- Terms and fees will apply. Maximum repayment term 5 years.
Funding Checklist:
Minimum investment: £500,000
No start-up funding
Must be trading for over 2 years and profitably
Advanced Manufacturing
Must be a UK-based SME
Actively seeking investment? Enquire here
Fill in our enquiry form below and a member of the team will be in touch to discuss your business requirements further.
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