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Access to finance showcased at Manufactured Yorkshire

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Finance Yorkshire showcased its investment expertise at the high profile Manufactured Yorkshire – a two-day event focussed on growing the region’s manufacturing sector.

Chief executive Alex McWhirter was among the key opinion leaders sharing their knowledge and expertise of growing a manufacturing business as well as addressing the key issue of access to finance.

He took part in two panel debates on ‘Funding for Future Manufacturing’, the first looking at the engineering, automotive, infrastructure and nuclear energy sectors, while the second concentrated on the food and drink industry.

Finance Yorkshire also exhibited at Manufactured Yorkshire which attracted almost 1,000 delegates and featured other business support organisations including Business Growth Service and UK Trade and Investment (UKTI).

Alex said: “Finance Yorkshire has a very successful track record in supporting businesses to grow and some 27 per cent of our investments have been in the manufacturing sector while 9 per cent have been in food and drink.

“We were well positioned at Manufactured Yorkshire to demonstrate our role in access to finance for business and where we can make a difference and enable manufacturing companies to compete, grow and be successful.”

Chrissie Slater, organiser of the event, said: “The feedback overall has been very positive for Manufactured Yorkshire 2015.  The funding seminars were extremely well received and we plan to do more around funding for Manufactured Yorkshire 2016.”

Finance Yorkshire’s investments to date have created and safeguarded 9,656 jobs across Yorkshire and the Humber, increased turnover by £280 million and generated private sector leverage of £173 million.

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Alex McWhirter, chief executive of Finance Yorkshire

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