The power of publicly-funded support for manufacturing to enable growth and jobs is being proved in stellar fashion in Liverpool City Region. The LCR 4.0 initiative, a part-ERDF (European Regional Development Fund) financed business support programme for the manufacturing sector, has created 80 new jobs and added £2.6m GVA to date.
It is now predicted that LCR 4.0-enabled SMEs will go on to add an additional 955 jobs and £31.1m GVA to the region’s economy in the next three years. The LCR 4.0 concept is simple but highly effective. Working collaboratively with local businesses, the project’s expert team has given almost 300 SMEs the tools and…
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