News Column

GBP40M Fund for Aerospace Growth to Be Based in Coventry

February 3, 2014



LONDON, Feb. 3 -- The ADS Group issued the following news release:

Coventry has been chosen as the base for a national programme which will support the aims of the Aerospace Growth Partnership to maintain theUK's global position in the aerospace market.

The National Aerospace Technology Programme (NATEP) is a Pounds40million programme to help innovate technologies for new products or manufacturing processes. The programme is designed to create or retain 1,200 jobs in this valuable supply chain.

More than 30 small and medium sized suppliers have already applied for a share of the NATEP funding to help develop future technologies and the programme will make a series of funding calls between now and 2015.

Five industry experts based at the University of Warwick Science Park's Business Innovation Centre in Binley will work with a team in each of the UK's regional aerospace alliances in programme managing NATEP and engaging with UK aerospace supply chain players in delivering 100 new technologies in the sector.

Dave Dawson is the programme's director and is encouraging companies that might qualify to get in touch.

He said: "The aim of the programme is to aid innovation inUKaerospace sector in order to allow us to produce new technologies at a greater rate than our competitors.

"The regional version of this programme had initially taken place here in Binley with help from the Midlands Aerospace Alliance so it seemed like a great place to work from, to build on the success of that scheme.

"The technologies can be anything from ceramics in aircraft brakes to design methods for tyres and heat exchanges systems.

"Our team of experts can offer support in the form of technical and business advice as well as mentoring and guidance."

Rolls Royce, Airbus, Bombardier, Spirit Aerosystems, GKN and AgustaWestland, are the companies sponsoring the programme, ensuring that everyone at the top level of the industry is working together, towards the same goal.

Penny Robb, the centre manager at the University of Warwick Science Park's Business Innovation Centre in Binley, said: "This is a fantastic initiative designed to encourage greater innovation in a huge market and we are delighted to be in a position to help ensure it is a success.

"Our central location and great transport links makes the Business Innovation Centre a great site from which to manage national programmes such as this.

"We have a long history in supporting similar technology programmes and hope to put that experience to good use in assisting NATEP."

NATEP will be managed by aerospace trade organisation, ADS and delivered across the English regions by the Farnborough Aerospace Consortium, Midlands Aerospace Alliance, North West AerospaceAlliance, and West of England Aerospace Forum. The Programme will also be supported inNorthern IrelandandWalesby the devolved governments and ADSNorthern Irelandand Aerospace Wales respectively.

Those interested can find out more about the programme can visit, www.NATEP.org.uk, call Dave Dawson on 07717173447 or email dave.dawson@adsgroup.org.uk.

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Source: Targeted News Service


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