South East gets £6m boost
Published: 22 May, 2009
GUILDFORD: A £6m commitment from SEEDA (South East England Development Agency) will fund free business advice for the region’s manufacturers, to help them drive the region out of recession.
This will build on successes over the past six years, where SEEDA funding for the Manufacturing Advisory Service (MAS) has:
- Delivered over £310m of added value through manufacturing improvements.
- Handled over 20 000 enquiries from businesses seeking advice.
- Funded almost 3000 diagnostics and over 1000 in-depth company support programmes.
- Arranged over 900 education and training events for local businesses.
MAS, a Solutions for Business Product, will be delivered in the South East by EEF, the manufacturers’ organisation for the period 2009-12.
MAS offers free practical, hands-on support to the 21 000 manufacturing businesses based in the South East, focusing on improving profits and keeping manufacturers competitive, particularly now through the recession.
Pam Alexander, SEEDA chief executive, said: “The South East has the largest and most productive manufacturing sector of any UK region, with over 260 000 employees. Despite the many challenges these businesses are facing through the recession, it is the innovative, high value products and technologies they produce that may offer our best route into the upturn."