£15M fund for Manufacturing and Materials innovation

Does your business have an innovation that you are developing and need funds to move it to the next phase? It may be a product or perhaps an improvement in the process of manufacture. If this is the case then the following announcement this week could be relevant to you.

Innovation UK has launched the […]

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SME engagement in major Defence Programmes – SUBCON 2016

OptiMatrix will be presenting at Subcon 2016 8th June in the NEC Birmingham

Whilst it is the government’s intention to enable SME’s to gain more business in the defence supply chain, the reality is that in most instances this will be though OEM’s Primes and tier 2 suppliers. As Phillip Dunne has expressed innovation is […]

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Impact of National Living Wage increase on SME’s

Today’s increase in the National Living Wage will see anyone over the age of 25 and employed full time on 37.5 hours per standard week, receive an extra £18.75 in their gross weekly salary. For low paid young families this is really good news, however for many SME’s this increase could make a major difference […]

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New UK MOD Contract opportunities for SME’s

The 2015 National Security Strategy and Strategic Defence and Security Review identified the MOD’s commitment to enable SME’s to compete more easily for defence and security contracts. It recognized that often there was no possibility for an SME to win major contracts therefore it encourages; incentivises and in some cases contractually obligates Prime Contractors to […]

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The Manufacturing Co-operative

OptiMatrix is now a member of The Manufacturing Co-operative Ltd. Initiated by the Operations Excellence Institute (OEI) at Cranfield University with funding support from the Higher Education Funding Council; it is registered as a Co-operative Society with the Financial Conduct Authority.

Our objective is to match the specialist skills of UK manufacturing businesses with the […]

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iHertfordshire Business directory

<a href=”http://www.ihertfordshire.co.uk/profile/920488/Hitchin/OptiMatrix/“>OptiMatrix is listed on iHertfordshire</a>

Schools ‘must offer apprenticeships option’

OptiMatrix Director Norman Housden is supporting the Careers and Enterprise Company, Herts LEP as an Enterprise Adviser. Enabling young people to be well informed and have the choice between continued development in higher education or in a workplace apprenticeship environment is critical to address the skills gap in the UK. This report from the BBC […]

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18% Growth in Polish defence budget – Can UK Defence industry win some of this business?

The release in July of a tender to replace the old Honker fleet, for a new land vehicle platform understood to be named “Mustang” is just one of the areas which the Minister for Defence, Tomasz Siemoniak, is looking to use the budget. Further requirements include transport aircraft, multirole tankers, airborne ISR systems, advance EW-capable […]

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Beechbrook Capital Launch a new fund to finance UK SMEs

This fund is planned to meet the market gap where banks are far less active. It is aimed at businesses with a turnover value of between £5m and £50m, who are operationally and financially robust but need additional funding to support growth or acquisition strategies, or even buyouts.

 

Further details can be seen at:

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Confidence in manufacturing growth rises May 2015

The monthly PMI (UK Purchasing Managers Index) saw a growth from 51.8 to 52.0 during May. Any recording above 50.0 indicates expansion.

 

Whilst manufacturing still only represents 10% of the UK economy, it is a sector that has remained a concern for many months, so this increase in confidence is a welcome sign. […]

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