Grant Money for Manufacturers
Tuesday, November 17th, 2009
The Wisconsin Manufacturing Partnership Extension announced that grants are available to help Wisconsin manufacturers improve performance, stimulate growth and respond to new challenges as the economy recovers from the recession.
The Next Generation Manufacturing grants, authorized by the Department of Commerce, are targeted to small and midsize manufacturers with less than 500 employees. Grants of $5,000 to $6,500 pay up to 50% of project costs for services delivered by WMEP. The remaining project costs are paid by the company. Eligible projects are:
Lean Transformation:
Up to $5,000 per company is available for Enterprise Business Transformation projects, which include a comprehensive assessment of a company’s operations, identification of key competitive priorities and an action plan to achieve them. This lean transformation approach improves performance across all facets of the business enterprise and generates significant financial results.
Business Growth:
Up to $6,500 per company is available to help manufacturers implement Eureka! Winning Ways, a nationally recognized system for rapidly generating and testing new product ideas.
Funds are available on a first come, first serve basis, so don’t wait on this one! Interested manufacturers should contact Lee Swindall of WMEP at 608-807-8548 or swindall@wmep.org
Go to the website to learn more
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