APPLY NOW: $1 Million in COVID Recovery Funding Now Open

APPLY NOW: $1 Million in COVID Recovery Funding Now Open

Four centers within the New York Manufacturing Extension Partnership (NY MEP) network have launched competitive grant programs that will help manufacturers solve challenges created by COVID-19, emerge from the crisis more resilient and adaptable, and prepare for future emergencies. The NY MEP is a network of organizations that provide growth and innovation services to small and mid-sized manufacturers in every corner of the state to help them create and retain jobs, increase profits, and save time and money. Supported through a combination of federal and state funding, the NY MEP is overseen by Empire State Development’s Division of Science, Technology, and Innovation (NYSTAR). In 2019, the NY MEP created or retained 5,275 manufacturing jobs and generated $992 million in company cost savings, new investments, and increased or retained sales. Combined, the four programs which are open to companies in all regions of New York will award nearly $1 million to manufacturing and technology companies in New York State. The programs include:

  • Personal Protective Equipment Fund, led by ITAC
  • Supply Chain Grant Program, led by the Center for Economic Growth (CEG)
  • Next Generation Grant Program, led by the Manufacturing & Technology Enterprise Center (MTEC)
  • Manufacturing Reimagined Fund, led by FuzeHub

The Personal Protective Equipment Fund, managed by ITAC, the New York City regional NY MEP center, will award a total of $250,000 to companies in two phases:

  1. Phase 1 focuses on companies extending the lifespan of personal protective equipment (PPE)
  2. Phase 2 will support the scaling needs of PPE manufacturers across New York, selected manufacturers will receive a maximum $10,000 grant

The Supply Chain Grant Program, managed by CEG, the Capital Region’s NY MEP center, will award a total of $200,000 toward projects that help manufacturers address business challenges caused by pandemic-related supply chain disruptions. Up to 20 manufacturers with facilities in New York will receive a maximum $10,000 grant, which will help recipients take steps to optimize their supply chains, explore new markets and products, identify new customers and implement processes to become more competitive. Funding may be used to offset the costs of consultants, engineering assistance, implementation, training, and project-related materials.

The Next Generation Grant Program, managed by MTEC, the Mid-Hudson regional NY MEP center, will award a total of $350,000 to companies that need help optimizing their operations for the post-pandemic era. Recipients will receive up to $10,000 in services to ensure they are operating safely, effectively, and efficiently in a virtual business environment. MTEC and its partners will help identify ways to improve operations as well as opportunities to introduce new technologies or processes. The program’s areas of focus are lean manufacturing, cybersecurity, quality, and engineering.

The Manufacturing Reimagined Fund, managed by FuzeHub, the statewide NY MEP center, will award a total of $170,000 toward projects that align with COVID-related recovery efforts. Recipients will receive a maximum of $10,000 in technical assistance from a NYSTAR Innovation Network organization. Eligible projects will help manufacturers manage challenges created by COVID-19, emerge from the crisis more resilient and adaptable, and prepare for future emergencies. To qualify, applicants must attend one of FuzeHub’s “Manufacturing Reimagined” workshops or webinars.

The four grant programs are part of NY MEP’s larger COVID Recovery Initiative. Learn more here.   At RBT, our Manufacturing Services Group works with businesses in diverse industries including building materials, food processing, specialty sporting goods, commercial lighting, health, beauty, pharmaceuticals, and more. Whatever the size of your venture, we can help you meet your goals, now and for the future. Contact us today to connect and schedule an appointment.

Source: NY MEP