£1 billion
growth fund boost open for business
AS of 23 February 2012 an
extra £1 billion is available to businesses seeking support to help
them create new jobs and grow, Deputy Prime Minister Nick Clegg will
announce.
The funding is part of the Regional Growth Fund and takes the total
fund to £2.4 billion. It will be available to businesses and public
/ private partnerships with ambitions to create new jobs and make a
significant impact on their local economy.
Deputy Prime Minister Nick Clegg will make the announcement at the
Government’s National Manufacturing Summit being held at the Bristol
& Bath Science Park.
He is also set to confirm that 48 of the successful firms from the
first two rounds of the fund have completed their legal checks and
have access to the Government fund which leverages private sector
investment, with at least £5 will be put in for every £1 of public
money.
Deputy Prime Minister Nick Clegg said:- "The Regional Growth
Fund is already having a huge impact across the UK. So far there
have been over 170 successful bids to the fund, leveraging around
£7.5 billion of private sector investment and set to create and
protect 330,000 jobs. I want to see more businesses that are
confident they can create jobs and get Britain building and making
things again, coming forward; making sure their hats are in the
ring. Funding from rounds 1 and 2 has gone to some extraordinarily
promising manufacturing projects. From Pirelli Tyres in Carlisle
who’ll use the money to develop a new range of carbon-cutting tyres;
to a Portsmouth based company which hopes to use theirs to create a
cutting edge boat building college. These are the kinds of projects
that will lead their communities into brighter times, helping put
industry at the heart of the UK’s economy. Businesses have until
June to apply for a share of this extra £1 billion."
Ahead of the summit, the Deputy Prime Minister will be joined by
Business Secretary Vince Cable at GKN Aerospace, Bristol to open the
company’s new £150 million advanced composites manufacturing centre,
where the 27 metre long Airbus A350 wing is being made. When
operating at full production, the facility will provide employment
for 250 people.
Business Secretary Vince Cable added that:- "The Regional
Growth Fund is starting to make excellent progress. Already 48 firms
have started to access their funding, and around a third have
started their projects as they go through legal checks. This means
jobs are being created, money is being invested and the fund is
making a difference. But we cannot be complacent. The additional £1
billion in the fund will help us maintain momentum around supporting
even more businesses and encouraging the creation of new jobs. Many
of the successful projects from rounds one and two were
manufacturers and the sector remains one of our national success
stories. Manufacturing lies right at the heart of the Government’s
strategy for economic recovery and growth."
Since the last update a further 20 projects have now signed their
contracts. These include DTR VMS in Chippenham, Wiltshire and a
number of firms in the Let’s Grow Campaign, run by The Journal in
Newcastle and Middlesbrough.
Many of the 176 successful bidders from rounds one and two, which
are currently going through their legal checks, have already started
their projects, with around a third of the companies reporting that
activity is underway.
It was also announced at the Summit that ‘See Inside
Manufacturing’, a pilot initiative introduced last year to
give young people the opportunity to go behind the scenes of some of
the UK’s world-class automotive facilities to learn about modern
manufacturing, will return again this June (2012). This time it will
be extended to three new sectors; aerospace, defence, and food and
drink.
The Government’s Make it in Great Britain campaign received an added
boost at the Summit with the announcement of 23 new ‘Industry
Champions’, bringing the total to 30. The Champions; who are
leaders in their field across a variety of sectors within
manufacturing; have signed up to lend their support to the campaign,
which culminates in a 6 week exhibition at the Science Museum this
summer during the Olympic and Paralympic Games.
Business Minister Mark Prisk said:- "Worth approximately
£130bn a year and employing 2.5m people, the manufacturing
industry’s contribution to our economy cannot be understated. The
Government remains committed to manufacturing, which is why we have
placed it at the heart of our Growth Programme. Equally so,
showcasing manufacturing as a worthwhile career choice for young
people in modern Britain is another goal of Government, which Make
it in Great Britain and See Inside Manufacturing are helping to lead
for the long term prosperity of the industry."
Vince Cable also announced that Sir Richard Lapthorne, Chairman of
Cable and Wireless Communications plc, has been appointed as Chair
of the Lead Expert Group for the Foresight Future of Manufacturing
Project, a 2 year project investigating the long term future of
manufacturing.
The Manufacturing Summit brought together Government and key
industry leaders to discuss and debate progress, the upcoming
challenges and next steps for the sector as the Government continues
to put manufacturing at the heart of its Growth Programme.
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Software City
International 2012
AS part of Global
Entrepreneurship Week, Liverpool will be hosting a special, one off,
super charged edition of Software City International, on Wednesday,
14 March 2012, at the ACC (Arena and Convention Centre) located on
the former King's Dock, Liverpool. The aim of the Global
Entrepreneurship Congress will be to bring businesses and investors
together. It is hoped that it will attract entrepreneurs and finance
providers from Liverpool and abroad, so that they can discover the
potential in Merseyside based business and provide access to vital
new connections, plus give top quality advice. The event will also
see a special guest appearance from a BBC Dragon, and presenting
will be BBC’s Simon Jack. Regardless of the sector you are in, if
you want to grow your business, discover new ways to access finance,
learn how to get your company investment ready or even if you simply
want to come and network with people who have 'been there and
done it', well you cannot afford not to register. There is
no cost to attend, but you must book NOW to avoid disappointment as
capacity is limited. To reserve your place, please go to click on
here. "Once your place is
confirmed you will also be placed on the exclusive guest list for
the after show networking party, to be held in the stylish Pan
American Bar, located on the historic Albert Dock. You will receive
a confirmation email once your booking has been processed."
Liverpool Vision told us.
I ♥ Gaming inspires the next
generation of digital entrepreneurs
THERE can be only be few
schools in the UK, let alone in Liverpool, who can say they enticed
pupils back to the classroom on the very 1st day of their half term
holiday; yet there’s is one! North Liverpool Academy was the
location for on Monday, 13 February 2012, of an unusual site, with
100 plus teenagers lining up to get through the doors of this
striking building overlooking the city on Everton Brow.
Granted, computer games were involved. And yes, there was the
promise of meeting with Sony, creators of PlayStation. But even so,
I Love Gaming, the event behind this half term pilgrimage, was
entirely educational, involving a bit of brainpower, imagination,
concentration and investigation, as well as plenty of classroom
work!
I Love Gaming offered a ground-breaking mix of digital workshops,
interactive demonstrations and 3D presentations by successful games
developers, who were themselves eager to speak to the ‘next
generation’ of innovators.
The highlight was undoubtedly The Stereoscopic 3D Experience, a
keynote session from Sony Computer Entertainment Europe (SCEE) and
screened by White Space Productions. Armed with 3D glasses, the
audience was captivated by Sony’s vision of the future using the
latest technology that allows 2 viewers to see 2 different images,
simultaneously, on 1 screen.
Among the experts who turned up to talk to the young delegates were
Liverpool-based mobile app creators Apposing, interactive software
developer Onteca, Catalyst Outsourcing, Setgo and Totem Games. Many
had worked on popular games such as Wipeout, James Bond and Formula
1, and were releasing new games, apps, software or hardware using
the latest technology.
Academics and students from Liverpool John Moores and Sheffield
Hallam universities encouraged the young people to think about
further study. While 3-D Hub, Flashbang Science and robotics company
RoboSavvy; creator of Nao, an endearing humanoid robot; held the
gamesters wide-eyed and enthralled.
Keen supporter of I Love Gaming was BAFTA award-winner Ivan Davies,
whose company, Catalyst Outsourcing, provides production solutions
for all aspects of videogames. Ivan’s Catalyst workshop drew in
large groups of youngsters throughout the day, as he outlined the
range of skills and specialized knowledge needed to get ahead in the
gaming industry:- "There are so many opportunities in a huge
number of disciplines, from development to production, sound,
animation, publishing and sales. However, it’s the people who have
the best and most workable ideas, who know the technology inside
out, and who know the psychology behind how and why a game will be
popular, who will have the most success. One thing is certain,
though – people like playing games. They will continue to play
games. And the market will just grow and grow."
I Love Gaming was also a golden opportunity for the pupils to learn
from successful businesses, educators and entrepreneurs as well as
getting the chance to talk them about the opportunities that are
available to them, now and in the future. As well as trying their
hand at creating backgrounds, characters and movement, students
gained knowledge of the science behind the games, and were given an
informed insight into the roles and jobs that are available; from
coders to designers, audio engineers to animators, and testers to
producers.
"More than £300 million a year is generated by the games industry in
Merseyside. We have growing companies, desperate to employ talented
young people, right here on our doorstep. Liverpool is the place to
be if you want a career in the gaming technology sector."
said Jade Parkinson-Hill, Director of Enterprise, North Liverpool
Academy.
3D-Hub (a joint venture between White Space Productions and US
company Instant Effects) showed how 3D can improve lessons in
schools. Using advanced graphics, students can look inside and view
objects from all angles, making the classroom a place of inspiration
and exploration. Many budding entrepreneurs also quizzed former
Academy pupils Alex Ormrod and Stephen Patterson, both 19, who
created the successful web-based Mafia game Tough Society. Now at
university and studying internet computing and computer forensics
respectively, Alex and Stephen are sure to have fuelled many more
young dreams. |