Friday, November 20, 2009

Grants available to Wisconsin manufacturers (WTN News)

The Department of Commerce has authorized Next Generation Manufacturing grants to help Wisconsin manufacturers improve performance, stimulate growth and respond to new challenges as the economy recovers from the recession.

The grants 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. A significant share of the funding already has been pledged for projects. Eligible projects are:Eligible projects include lean transformation initiatives, comprising a comprehensive assessment of a company's operations, identification of key competitive priorities and an action plan to achieve them, and a business-growth plan designed to help manufacturers rapidly generate and test new product ideas called Eureka Winning Ways.

No comments: