Cable: £100m for domestic supply chain in reshore push

Posted on 9 Jun 2014 by Callum Bentley

Companies can now bid for a share of £100 million from a Government scheme to help them strengthen their domestic supply chains and help bring manufacturing back to the UK.

The funding will provide research and development support, skills training, investment capital and encourage major new suppliers to reshore in the UK. It comes from the Advanced Manufacturing Supply Chain Initiative (AMSCI). Five previous rounds of AMSCI funding have secured nearly half a billion pounds of public-private investment for 44 projects in the UK. [caption…

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