BIS launched a £151m package of measures to support advanced manufacturing at the end of July 2009. Advanced manufacturing describes businesses which use a high level of design or scientific skills to produce technologically complex products and processes – usually of a high value. The package is part of the Government’s strategy of targeted assistance for key sectors and markets as described in New Industry, New Jobs. It will expand access to information, encourage take up of new and emerging technologies and address challenges faced by specific manufacturing sectors.
Lord Mandelson said:
“The UK is already a global leader in the sector thanks to our world-class science-base and our strengths in research, creativity and innovation. We now need a roadmap for the industry that takes it from cutting edge to mass market while keeping Britain firmly in front.