02 Dec 2013

Aerospace suppliers to share in £110m training fund

Summary: A programme which aims to raise the capability of UK aerospace suppliers and create at least 5000 new jobs is seeking 40 UK companies to share in a £110m training and development fund.

Tackling barriers to growth

Sharing in Growth UK aims to deliver a programme of intensive supplier training focused on tackling barriers to growth, boosting exports and growing the number of high-value jobs in the UK’s aerospace sector.

The four-year programme provides leadership training for the management team and business improvement training for staff. It also includes tailored high-intensity development training covering areas such as lean production, modern manufacturing and cost management. Ongoing support is then provided to ensure business improvements are sustained.

Regional Growth Fund

Sharing in Growth is part funded by a £50m grant from the UK Government’s Regional Growth Fund established by the Department of Business Innovation & Skills.

Rolls-Royce is also sponsoring the programme with support from specialists and leaders who can share their industry experience.

Bryan Jackson, Chairman of Sharing in Growth UK Ltd said: “We have created a meaningful programme designed by industry for industry which will help to create thousands of jobs in aerospace, an industry which is expected to double in size over the next 10 years and is an investment priority for the UK Government.”

Successful suppliers will benefit from over a £1m per company of grant-funded training to help accelerate their growth.

Expressions of Interest

Expressions of interest must be submitted to info@sig-uk.org by no later than 6 December 2013. Additional information can be found at www.sig-uk.org