GM Advance
Greater Manchester Combined Authority (GMCA) has established a £10m investment fund to support the growth of companies in the advanced manufacturing and materials sector.
The fund – GM Advance – offers a range of subsidised financial products, helping to retain, grow and attract new businesses into the region. Advanced manufacturing and materials companies in Greater Manchester lack ‘gateway’ funding for innovation and product development. GM Advance’s suite of products has been designed to bridge this gap in the market, helping businesses grow stronger, quicker.
GM Advance is central part of Greater Manchester’s Investment Zone, which is providing £160m over 10 years to support the development of the city-region’s advanced manufacturing and materials sector.
The Fund is open to companies ranging from new start-ups to small and medium sized enterprises. To be eligible for funding, applicants need to be based in Greater Manchester or have tangible plans to relocate or expand operations into the region.
Apply for the fund: click here download a general application form (Word, 38KB)
Find out more about how subsidy is calculated (Word, 110KB)
Completed forms should be sent to gmadvance@greatermanchester-ca.gov.uk with GM Advance - [Project Name] as the subject title.
The 2nd phase of Micro Equity funding is now open until the 8th November, 2024.