Contract awarded for Manufacturing Innovation Centre Moray
A £1.3m contract has been awarded for the refurbishment of a building on Enterprise Park Forres to create the new Manufacturing Innovation Centre Moray (MICM).
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Charlotte Wright, HIE Chief Executive, said: “We very much welcome today’s announcement of £100m investment in the Northern and Western Isles over the next ten years under the Islands Growth Deal.
“This will support projects that have the potential to benefit communities across the dispersed population and geography of the islands. It will also promote innovation and employment and help deliver sustainable and inclusive economic recovery in some of our most rural areas.
“We look forward to working closely with our partners in the Islands Growth Deal to deliver these important benefits over the next ten years.”
More information is in the news release below, which was issued by the Scottish Government today.
A £1.3m contract has been awarded for the refurbishment of a building on Enterprise Park Forres to create the new Manufacturing Innovation Centre Moray (MICM).
Food and Drink TechHUB will provide financial and advice support to help businesses, including social and community enterprises, with commercial growth and net zero transition activities.
The funding can help cover the costs of equipment, new technology or fixtures and fittings, or to construct, adapt or upgrade business premises or other infrastructure.
The improvements will enable the company to continue its growth through increased capacity and efficiencies in production.
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As a result of HIE’s support, businesses in the area are set to see combined turnover rise by £22.4m, while international sales will grow by £661,000.
There was support for businesses and social enterprises to lower emissions and improve efficiencies within their operations.