Market Leads & Opportunities
HELP FOR SME MANUFACTURERS DURING COVID-19 PANDEMIC – GRANT FUND 2
1. Title: HELP FOR SME MANUFACTURERS DURING COVID-19 PANDEMIC – GRANT FUND 22. Awarding Authority: SAM (Sustainable Advanced Manufacturing), University of Sunderland, GB Email: sam.project@sunderland.ac.uk / samprojectuos.co.uk. Web: 3. Contract type: Service contract4. Description: In response to the global Covid-19 pandemic, the Awarding Authority Project is adapting its support for manufacturing SMEs in the specified location.We are making some changes to our grant fund during this unprecedented time to ensure it better responds to the challenges SME manufacturers now face.The SAM Project is making additional funding available into its grant fund.5. CPV Code(s): 79400000, 79000000, 73110000, 731000006. NUTS code(s): UKC, UKC2, UKC237. Main site or location of works, main place of delivery or main place of performance: North East.8. Reference attributed by awarding authority: Not provided.9. Estimated value of requirement: Two new funds will replace the original grant fund, which will be used to support companies during this pandemic. The decision has been made to reduce the maximum grant allocation per company to £10,000 to allow us to support as many companies as we can.THE TWO NEW GRANT FUNDS ARE AS FOLLOWS:A grant fund for manufacturing SMEs in the North East making PPE for the NHS or other frontline healthcare teams. Match funding grants are available up to £10,000* (terms and conditions apply)A grant fund for manufacturing SMEs to help them diversify, adapt and stay in business and operational during and after Covid-19. Match funding grants are available up to £10,000* (terms and conditions apply).GRANT FUND 2The Sustainable Advanced Manufacturing (SAM) Project has adapted its grant fund for manufacturing SMEs in the North East to support companies to diversify, adapt and stay in business and operational during and after Covid-19.Applications can be for new capital equipment, resources or otherexpenditure (excluding working capital such as salaries, rentor rates) to help their company survive, innovate, adapt and sustainthemselves through the crisis.Examples could be the purchase of laptops to enable staff to work fromhome, buying capital kit to help them diversify their income and stay afloat or taking advantage of changes in market conditions.Businesses in County Durham can access up to 50% matchedfunding, while those in Tyne and Wear and Northumberland receive 40%.10. As no deadline date has been specified please contact the awarding authority for further information.11. Address to which they must be sent: For further information on the above contract please visit Website: 12. Other information: TKR-2020520-EX-1360586# funding opportunity# COVID-19
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