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GM Advance — Advanced Manufacturing and Materials Investment Fund

GM Advance

Invests in Greater Manchester, United Kingdom advanced manufacturing and materials firms through subsidized finance for growth and relocation.

OpenGreater Manchester Combined AuthorityUnited Kingdom
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About

GM Advance is a £10 million investment fund established by Greater Manchester Combined Authority (GMCA) to support advanced manufacturing and materials companies operating in, or planning to relocate to, Greater Manchester. The fund addresses a recognized gap in gateway financing for innovation and product development in the sector, offering a range of subsidised financial products designed to hel…

What this grant funds

Advanced manufacturing and materials innovation for SMEs based in or relocating to Greater Manchester, supported through subsidised equity and grant financing products.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant + Equity
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.£10M
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Industries

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Eligibility criteria

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Application process

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Timeline

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Last verified: 24 Jul 2026Source: www.greatermanchester-ca.gov.uk