High Value Manufacturing Catapult signs MoU with Greater Manchester to provide £1.7 billion manufacturing boost
Following our arrival in Manchester alongside the High Value Manufacturing (HVM) Catapult in August 2022, the HVM Catapult joins forces with Innovation Greater Manchester and Greater Manchester Combined Authority to drive industrial transformation in the region.
The HVM Catapult will provide a £1.7b manufacturing boost that will expand and diversify the Greater Manchester Economy, according to new research. This includes the attraction and retention of an additional £1.2b high-tech foreign direct investment.
On 15 November 2022, HVM Catapult, Innovation Greater Manchester and Greater Manchester Combined Authority signed a Memorandum of Understanding (MoU) to help manufacturing businesses improve their productivity through supporting R&D.