Government support allows for new opportunity in Aerospace and advanced manufacturing
Aerospace and advanced manufacturing firms now have a new opportunity to learn best practice in productivity and competitiveness improvement – thanks to increased government support for the Sharing in Growth programme.
The Department for Business, Energy and Industrial Strategy has awarded Sharing in Growth (SiG) a £6 million contract to help the UK manufacturing and engineering companies compete more successfully in the global aerospace market.
Said Business Minister Nadhim Zahawi: “Sharing in Growth continues to deliver excellent results –boosting productivity, creating quality jobs and helping UK companies take a leading role in the global aerospace market.
“This is an important programme for the UK’s world-leading aerospace sector, securing more than £4 billion in contracts and contributing to our exporting strength. That’s why we’ve extended our support for the programme by £6 million and I look forward to seeing the UK’s manufacturing and engineering companies go from strength to strength.”
Funded places now available for award-winning business transformation
- Opportunities to learn best practice, improve competitiveness and double turnover
- Government-backed initiative nets more than £4 billion in contracts
Established in 2013, the award-winning Sharing in Growth (SiG) programme has supported more than 60 companies with some 10,000 employees and, with the increased funding matched by private investment, can now offer 36-month programme places valued at over £300K per year to each beneficiary company. The programme has already helped companies secure more than £4 billion in contracts and the additional funding aims to net a further £400 million.
SiG offers ambitious aerospace suppliers the opportunity to make sustainable improvements to their leadership, culture and operational capability. The programme’s 100 business coaches, backed by a bank of world-leading experts, help companies tackle their individually diagnosed barriers to growth and, for many, double their turnover. An independent, not-for-profit programme, Sharing in Growth is supported by the Regional Growth Fund and by more than £150 million in private investment.
Endorsed by Airbus, BAE Systems, Boeing, Bombardier, GE, GKN, Leonardo, Lockheed Martin, MBDA, Rolls-Royce, Safran and Thales, the SiG programme supports the government and industry-backed Aerospace Growth Partnership and its supply chain charter. In 2018 Sharing in Growth won the national Semta Innovation Award for improving the capability and productivity of over 10,000 people working in the UK aerospace supply chain.
To qualify for the programme, companies need to be aerospace suppliers, have genuine ambition to grow and be able to release their teams for on-site coaching, training and mentoring. Each participating company has an agreed training plan tailored to their individual needs.
The training is publicly funded while the company’s contribution equates to individuals’ time spent in development or training. Companies interested in how the programme can improve their competitiveness and productivity should register at: www.sig-uk.org/apply or to join webinars that explain the programme benefits please click here.
