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£1.5 Million for CAS:CADE Business Support

Consultancy And Support: Computer Aided Design & Engineering (CAS:CADE)

Dr Allan E W Rennie - Engineering - European Regional Development Fund - £1,633,034 (£685,874 from the ERDF)

Lancaster Product Development Unit within the Engineering Department have been awarded a European Regional Development Fund (ERDF) Project for delivery of Outreach and Business Support activities for the benefit of Small and Medium Sized Enterprises (SMEs) in the Objective Two areas of the North West Region.

The CAS:CADE Project builds upon the successful previous delivery of ERDF projects by the Engineering Department and aims to create links between the needs of Regional industry and the activity of the Research Groups within the Department. Target sectors include those identified by the NWDA Regional Economic Strategy such as Energy, Environmental Technologies, Engineering and Manufacturing.

The CASCADE Project will commence on 01 October 2006 and is targeted to assist 107 SMEs by 30 June 2008, creating 82 new jobs and ~£5M of increased sales for beneficiary SMEs along the way.

Tue 03 October 2006