MANUFACTURING ADVISORY SERVICE (MAS)

Clive Turner

Supporting Manufacturing in the South West

Swindon College, 17th July 2013

CONTENTS

• Who is eligible for funded support?• What’s on offer?• Outputs so far• The process• Product Development Centre• Key events

WHO IS ELIGIBLE FOR FUNDING?

• If you are a Manufacturing SME• If your company is ambitious with the drive to grow,

and you have a project in mind that will:• increase profits• help secure new contracts or• create new jobs

MAS may be able to offer grant funded support.. and make sure you succeed.

MAS GRANT SUPPORT

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• Up to £3,000 available for each company

• 50% matched by the company ( i.e. You pay £3000 we pay £3000 )

• Grants awarded during or following the on site review

• Grants are measured against return on investment based on business growth opportunities

• Simple application form, completed and approved by your local advisor – turnaround time within a week or often during the review meeting

• Repeat Projects1st Project in rolling 12 month period – up to 50% subsidy2nd Project in rolling 12 month period – up to 40% subsidy3rd Project in rolling 12 month period – up to 30% subsidy

ELIGIBLE PROJECTS FOR MAS FUNDING

• Developing a medium to long term strategy for growth• New markets• Succession Planning• Up skilling• Marketing Strategy

• Developing and / or introducing new products *

• Reducing operational costs

• Introduction of advanced manufacturing techniques

• Servitisation

NON - ELIGIBLE PROJECTS

• Sales lead generation, identifying selling agents (UK & Overseas)

• Generation of marketing and selling materials

• Advertising, PR, Marketing materials, Logos & Branding, Brand Management

• Intellectual property fees

• Anything related to websites or social media

• Open training courses, NVQ courses

• Anything that is a statutory requirement

• Preparing annual accounts, Tax and VAT consultancy

OUTPUTS SO FAR THIS YEAR

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• In the past 15 months, 9000 firms have received specialist MAS support

• Our manufacturers advise us that we have :• Created 7200 jobs• Safeguarded over 20,000 jobs• Delivered 20 x R.O.I.•Achieved 98% satisfaction

PRODUCT DEVELOPMENT CENTRE

• A free Innovation Review and Action Plan to highlight the key areas for support and ensure they receive the most appropriate help at the right time

• Up to 2 days of free support from our dedicated team of experts advisors

• Grants to support 40% of external costs (average £4k) associated with your product development

• Access to an exclusive ‘Knowledge Hub’, linking them with specialist expertise within universities, colleges and research centres

• Signposting to further support from MAS & other providers to ensure you maximise the support available for their business

FUNDING PROCESS

£ Full

£ Grant Sub SME

Consultant

Performance

MAS BAROMETER

SUPPORTING MANUFACTURING IN THE SOUTH WEST

Supporting Manufacturing in the South West

6events planned for 2013

In Cornwall, Devon, Dorset, Gloucestershire, West of England & Wiltshire

WHAT NOW?

Your Call to Action

If you are a Manufacturer, or have Manufacturing Clients and have not dealt with us before,

TALK TO US

If you have previously had our support, you may find there is a lot more now available to you.

TALK TO US AGAIN