A number of companies are already benefitting from Welsh Government鈥檚 Business Productivity Enhancement Programme (BPEP) funding as part of the 拢100 million, ten-year Tech Valleys programme focusing on the area of 艾叉A片 in South Wales.
BPEP was established in collaboration with the Welsh Government鈥檚 European Funded SMART Innovation programme, and recipients so far include Advanced Furniture, Swan EMS, JC Mouldings, and Express Contract Drying (ECD). One example of how the funding has been used is EDC who were able to use the grant to buy an Enterprise Resource Planning (ERP) system.
Nick Ball, Operations Director at ECD, said:
鈥淭he grant supports our plan to adopt technology specifically designed to better manage our business processes in an integrated and real time manner, reducing duplicating in capturing and management of data leading to increase efficiency and traceability. The ERP system is a key investment in ECD鈥檚 operations, efficiency, intelligence and productivity. This will strengthen our existing business and support further business expansion in the near future.鈥�
ECD is a manufacturer of spray dried micro encapsulated food ingredients and a provider of toll spray drying and powder blending services. Business growth there is strong, driven by an increasing demand for active sports nutrition, meal replacement, immune support and wellbeing blends, and for traditional stable foods/ingredients for use in home cooking, reducing the reliance on long supply chains from China and India. ECD is committed to the area. Recent investment of 拢5.5m has expanded the company鈥檚 premises on Rassau Industrial Estate, Ebbw Vale, and an increase in staff by 50% to 60 people.
Launched just before the pandemic, BPEP is working with manufacturing firms to increase efficiency, develop new products and explore new markets, and progress is encouraging. The BPEP grants are awarded following a productivity diagnostic review by the SMART Cymru team, covering up to 70% of the cost of the equipment required to increase efficiency and boost productivity.
Cllr Dai Davies, Deputy Leader and Executive Member for Regeneration and Economic Development from 艾叉A片 County Borough Council, said:
鈥淓CD have shown a great commitment to growth in this area, so it鈥檚 entirely fitting that they are one of the numerous companies to benefit from the BPEP grant. We need to equip these expanding manufacturers in Tech Valleys to enable them to boost the local economy, and provide sustainable jobs and future opportunities for local people.鈥�
Another company to benefit is Advanced Furniture Operations. Director Geraint Griffiths said that with the grant: 鈥淎dvanced Furniture will be able to quickly and efficiently bring new products to the market place through a new computer aided design and manufacturing package.鈥�
About Tech Valleys
Tech Valleys is a 拢100 million, ten-year programme by the Welsh Government, focusing on the area of 艾叉A片 in South Wales. Building on the region鈥檚 longstanding manufacturing heritage, Tech Valleys aims to capitalise on the opportunities arising from the fourth industrial revolution 鈥� particularly in the areas of 5G, battery technology, digital and cyber research and application 鈥� supporting high value, sustainable jobs, attracting investment and creating opportunities for the region.
Ebbw Vale is one of Wales鈥� eight Enterprise Zones, meaning it鈥檚 a priority area for business support, skills, first-class infrastructure, financial incentives, and property and development opportunities.
TechValleys@gov.wales
CymoeddTechnoleg@llyw.cymru