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EDA to Solicit Second Round of Funding to Establish Manufacturing Communities in ‘Coming Weeks’
U.S. Secretary of Commerce Penny Pritzker announced the solicitation for the second round of the Investing in Manufacturing Communities Partnership (IMCP) will be released in the coming weeks. Through this federal funding competition, regions from across the country will compete to receive the designation of manufacturing communities and receive the financial and technical support of 11 federal agencies to achieve economic growth and job creation through manufacturing. Application due dates, eligibility requirements and funding totals will be announced in a future edition of the Federal Register.
As with the first round of the IMCP competition, applicants must demonstrate the significance of manufacturing already present in their region and develop strategies to make investments in six areas: workforce and training; advanced research; infrastructure and site development; supply chain support; trade and international investment; and, operational improvement and capital access. The first round of 12 manufacturing communities was announced in May (read the related Digest article). Read the press release…
dept of commerce, manufacturing