Sylatech Receives £700K in Funding to Drive Transformational Business Growth

Sylatech, an engineering business based in Kirkbymoorside, has achieved success by being formally accepted as a beneficiary of the leading aerospace transformation program, Sharing in Growth.

The scheme will provide Sylatech with an intense and comprehensive program of training, coaching and development, tailored to its specific needs, and drive Sylatech towards ‘world class’ in the operation and performance of the business.

The Sylatech team will work alongside Sharing in Growth’s highly experienced coaches, as they share their industry expertise across a number of disciplines, including leadership, strategy, culture, lean manufacturing and business development. The program will provide £700K of funded support to Sylatech and will be delivered over a 27-month period.

Charlie Breese, Sylatech’s Managing Director said that the team at Sylatech are delighted to become a beneficiary of the Sharing in Growth program and become part of its wider business community. In very difficult circumstances, they have undertaken an intensive diagnostic exercise to demonstrate their suitability for the program, which has given them a clear insight into the challenges and opportunities that lie ahead. Charlie further said that the aerospace sector has been significantly impacted by the Covid-19 pandemic and unfortunately, they have experienced some pain, as that sector forms a large part of their customer base. With the support and commitment of Sharing in Growth’s expertise, they are very confident that they will quickly re-grow their business and create something of which they can all be very proud, for the years ahead.