A £125 million fund has been established to improve the competitiveness of advanced manufacturing supply chains in the UK. Applications are invited for projects that will address market failures, generate economic growth, increase innovation and skills, and make UK manufacturing more globally competitive. Successful bids will demonstrate commitments from across the supply chain, private sector investment, and impacts like new jobs. Funding will support capital, R&D, training, and collaboration projects. Applications will be judged on their vision, evidence, sector leadership, and state aid compliance.