Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Made Smarter national roll-out to turbo charge Scotland’s SME manufacturers

by November 23, 2023
November 23, 2023
Made Smarter national roll-out to turbo charge Scotland’s SME manufacturers

MADE Smarter, a programme helping SME manufacturers access technology and digital skills, is to be rolled out to Scotland.

The Government has committed to expanding the Made Smarter Adoption Programme to all nine English regions in 2025-26 before working with Scotland, Wales, and Northern Ireland from 2026-27.

The announcement by HM Treasury, on Friday November 17, means hundreds of thousands more SME manufacturers will get access to technology advice, leadership, and skills training, as well as grant funding for digital internships and technology projects.

The commitment, alongside plans for £4.5 billion in funding for British manufacturing, will also boost productivity, growth, and decarbonisation for SME manufacturers across the country.

Launched in the North West in 2019, the Made Smarter has engaged with 2,500 manufacturers and funded 334 technology projects, which are forecast to create 1,550 jobs, upskill 2,772 existing roles, and increase North West GVA by £242m.

The successful blueprint has since inspired Made Smarter adoption programmes in the North East, Yorkshire and the Humber, the West Midlands, East Midlands, and West of England.

The announcement coincides with the publication of a new report by Made Smarter. ‘Delivering Impact: How Made Smarter Inspires Digital Transformation‘ outlines the impact of the adoption model and proposes ways to make it even better.

Brian Holliday, Co-Chair of the Made Smarter Commission and MD of Siemens Digital Industries, said: “This announcement by the Treasury clearly demonstrates that UK manufacturing matters. It represents a tremendous investment boost for our makers that will enable the confidence to invest in innovation, productivity, and sustainability.

“Key sectors benefit but so does the long tail of small and medium firms which is really important to directly address our recent challenges of weak overall productivity and investment.

“I believe the business benefits of digitalisation are now clear, while being an enabler for industrial decarbonisation too – the package of measures announced in bolstering Made Smarter, targeted regulatory reform and sector support, along with our world-class Catapults and Universities now makes the UK one of the best countries on the planet to sustainably design, make and export goods.”

Donna Edwards, Director of Made Smarter’s North West adoption programme, said: “I am delighted that the Government has recognised the extraordinary impact that Made Smarter’s adoption programme is having on digitalisation of SME businesses.

“Over the last four years we have worked tirelessly to help North West makers to start their digital journey by providing them with specialist advice to help them select the right approach, level of investment and tools for their business. The programme has proven the value technology and digital skills can bring to the manufacturing sector.

“While we await further details on the funding package, the commitment to a national roll-out is a huge vote of confidence in the contribution SMEs make to UK manufacturing. It will undoubtedly turbo charge the digital transformation of the sector.”

Juergen Maier, Industrialist and author of the Made Smarter Review, added: “I am delighted that the Made Smarter programme, kicked off by the manufacturing review I had the privilege to lead in 2017, is now being expanded England-wide and with promised continuity to 2030.

“It is exactly this sort of policy continuity that our manufacturing sector is looking for and I know it will stimulate investment and productivity.”

Read more:
Made Smarter national roll-out to turbo charge Scotland’s SME manufacturers

0
FacebookTwitterGoogle +Pinterest
previous post
More businesses closing than starting for the first time in 12 years
next post
Sen Kennedy’s IQ dig at VP Harris sparks backlash from White House, DNC

You may also like

EU set to relax state aid rules to...

December 5, 2022

British Business Bank warns of risk of defaults...

September 29, 2022

Trump poised to ease impact of car tariffs...

April 29, 2025

USAID losses in Africa leave funding gap that...

May 28, 2025

McLaren receives £80m finance injection from shareholders as...

November 27, 2023

Government launches £7m fund to bring digital access...

June 6, 2023

Is Live Commerce the Future of Online Retail?

May 28, 2025

Pay gap at UK’s largest companies widens

December 18, 2023

Canary Wharf Group announces 15 year private windfarm...

May 9, 2023

Unveiling the Top-Tier Education: The Big 5 Universities...

August 15, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved