Posted at 16-Aug-2019

Government Releases £30m fund in bid for Smarter UK Manufacturing

Paul Skade
By Richard Ludlam
Marketing Manager

Intrigued by all things engineering, as a youngster I originally looked to understand how things work then, how to make them work better.

After time in eng...

Read full bio

It goes without saying that technology is one of the major drivers in modern UK manufacturing, with the need for continuous advancements vital to ensuring the development of how we live and work.  But as with all new technology comes resource and cost, and that's why the UK Government has introduced the Industrial Strategy Challenge Fund (ISCF) in a bid to aid progress.

 

Setting the bar high, the Manufacturing Made Smarter Challenge is hoping to increase productivity by 30% by 2030, through placing significant investment, in the form of £30 million, in projects that support industrial digitalisation.

Combining a world-class research base with Britain’s best businesses, we’re hoping to put the UK in it’s best position for years, ready to take advantage of market opportunities in the future.

Rapid technology development

Achieving short-term impact and rapid technology development through industrial digitalisation is the goal – and it’s open to a wide range of industry sectors, from food and beverage, aerospace and pharmaceutical.

And best of all, the competition isn’t limited. Any manufacturer can apply for a share of the fund, but under one condition – they must be able to demonstrate that their project can be utilised in two other sectors, as well as their own.

Projects should fit into one of the following categories:

  • Smart connected factory
  • Connected and versatile supply chain
  • Design, make, test
  • Adaptable, flexible manufacturing

 

For further information, or to begin your application, CLICK HERE. But you need to act fast as the competition closes on 28th August 2019 at midday.

 

Want to read more...?

Why not take a look at the latest edition of our magazine, Know+How, packed with the latest industry news, reliability improvements and best practice

Reliability is a buzzword that is seemingly always on the tip of industry tongues, but it’s clear that businesses need to be more proactive in their attempt to maximise their assets.

In this issue, we look beyond equipment, but at processes, systems, strategy and communication.

Related Articles

Join the Conversation

Latest Articles

Take a look at our latest updates...

How to Live a Longer, Pain-Free Life, Unfortunately Only for Bearings

- Gareth Pollard

In any high volume, high-cost production environment, a single bearing can make the difference betwe...

Why Pumps Fail - and How to Stop it Happening to Yours

- Mike Smith

Most pump failures are caused by humas failings in installation or maintenance. But get those right ...

Contact

Get in Touch

For all general enquiries use the Enquire Online form - we'll connect you with the best member of our team for your query.  Alternatively, look up your local service centre...

Got a Technical Question?

We are proud to boast a strong team of technical specialists in each of our product and service areas. If you have a technical question a member of our team would be happy to help. 

Share Your Thoughts

At ERIKS we strive to deliver the best quality service and products. As part of this goal we encourage customers to submit feedback on their experiences so we can resolve any issues and concerns.

Chat
Chat