Local Ayrshire business Aircraft Engineers Ltd have been given a huge boost after being awarded £69,000 in grant money. CJM successfully secured the funds to help the business, which is based in Prestwick Airport.
With sky-high ambitions, the company was in search of a way to expand their business and grow; that’s where CJM came in. By advising the company on the available funding options and carefully guiding them through the application process, the company was able to secure the much-needed boost that will now enable them to upgrade their facilities.
Among the upgrades will be an extension of their current hangar within Prestwick International Airport, which can facilitate larger aircraft and allow the company to meet soaring client demand. The development will also result in the creation of six new jobs and a new apprenticeship programme.
This is fantastic news for the local community, as it gives rise to more opportunities for youngsters in the highly-skilled area of aircraft engineering.
Prestwick Airport has seen some turbulent times of late, with costs being cut and jobs being lost after Ryanair announced a reduction in its flights in and out of the airport. By assisting businesses like Aircraft Engineers Ltd to grow, everyone involved with the airport will benefit.
Working alongside South Ayrshire Council and Business Gateway, CJM have delivered a range of services to Aircraft Engineers Ltd. As well as helping to secure vital grant funds, CJM have assisted with business planning, financial forecasting and RSA application submission.
Regional Selective Assistance supports the development of manufacturing businesses who will deliver new jobs within the sector. These jobs are vital to the local and national economy and help to create a more skilled workforce within the country.
It’s no secret that there is a skills shortage within the engineering sector in Scotland and the UK. Back in May of this year, many engineering roles were included on the Shortage Occupation List (SOL) after a review by the Migration Advisory Committee. The SOL highlights skilled jobs in which it recommends shortages need to be addressed through international migration.
By supporting businesses such as Aircraft Engineering Ltd, CJM is helping them to create more opportunities to train skilled workers in fields such as engineering. We are always thrilled to be working with local companies, and it’s great to see them addressing the skills shortages by training youngsters from the local community.
CJM has a robust track record of supporting businesses and helping them to achieve their potential through the development of funding strategies and astute planning. Each and every business we work alongside receives a tailored service to match the needs of their business.
Whether you’re building aircraft or making cups of coffee, you need to have an effective business strategy and prudent financial planning.
If you’d like to learn more about our services or speak to us regarding anything from budgeting to business planning, get in touch and we can discuss your business needs.