£500,000 FUND TO HELP SUPPLIERS

摘要

The department for Transport is to invest £500,000 to help rail suppliers secure new business at home and internationally.The funding will be provided to the newly-formed Rail Supply Group, which aims to bring government and the industry together to address the challenges and opportunities facing the UK supply chain. The group, headed by Transport Secretary Patrick McLoughlin, Business Secretary Vince Cable and Terence Watson, president of rail manufacturers Alstom UK, will also work with the industry to develop a mentoring scheme to help small and medium-sized businesses compete against more established firms. The scheme, supported by the Rail Alliance and the Rail Supply Group's member companies, will work with up to 500 firms in the first year.