Massachusetts Announces New Manufacturing Grants

Thursday, June 10, 2021
Source 
The Center for Advanced Manufacturing at MassTech (CAM)

FOR IMMEDIATE RELEASE

Massachusetts Announces New Manufacturing Grants

The Manufacturing Accelerate Program Will Fund Capital Investments & Prepare Commonwealth’s Supply Chains for Growth

Information Session Hosted on Thursday, June 24th

 

WESTBOROUGH — The Center for Advanced Manufacturing at MassTech (CAM), in partnership with the Commonwealth’s Executive Office of Housing and Economic Development, has launched a new $2 million grant program that will invest in small- to medium-sized manufacturers across the Commonwealth. The new Massachusetts Manufacturing Accelerate Program (MMAP) aims to co-invest in small- to medium-sized manufacturers to better prepare their businesses to meet the demands of ‘Industry 4.0,’ the innovation-driven production methods powered by smart technologies such as data analytics, cloud computing, artificial intelligence, automation, and connected technologies to stay competitive.

The program will support manufacturers through investments in capital infrastructure, by funding projects that develop and showcase partnerships between private-sector firms and organizations in the manufacturing ecosystem in the state, such as non-profits, R&D centers, academic institutions, or quasi-public agencies. This framework will help build on the state’s existing assets, including strong academic presence, a national leadership in R&D, the depth of the Massachusetts innovation ecosystem, and the Commonwealth’s long history of manufacturing strength.

“During the COVID-19 pandemic, the manufacturing ecosystem was a key player in our ability to produce new sources of PPE here in the state, but that effort would not have been possible without partners at our universities, R&D centers, and research organizations,” said Governor Charlie Baker. “The new MMAP grants serve a similar goal, investing in partnerships that will allow small manufacturers to join forces with organizations in our state and to advance product development and prepare our local supply chain to meet new demands.”

“Our administration has invested in many cutting-edge public-private partnerships in the tech and innovation ecosystem, collaborations which have had a positive impact on our economy and solidified our state’s role as a top innovation region globally,” said Lt. Governor Karyn Polito. “The grants from this program will have a similar focus, helping strengthen connections and bolster the pipeline of manufacturing companies statewide.”

The program has $2 million available for awards, with individual grants being no greater than $250,000. The program also requires a 1:1 minimum cost share from the manufacturer.

“The Massachusetts Manufacturing Accelerate Program is a part of our forward-looking strategy to make targeted investments in support of the Commonwealth’s economic recovery and in the long-term strength of priority sectors,” said Housing and Economic Development Secretary Mike Kennealy.  “The Massachusetts manufacturing sector made an extraordinary contribution in the fight against the global public health crisis locally, and with this program, the administration aims to ensure ‘Made in Mass’ manufacturers can continue to leverage the state’s extensive network of experts from academia, industry, and government, and adopt new and innovative technologies.”

Project proposals will be evaluated in eight key categories, listed by order of priority:

  • New jobs created;
  • New markets and customers enabled by new capabilities;
  • Collaboration with ecosystem partners to help drive support, business connections, and growth;
  • Type and amount of cost share (a minimum of 1:1 cost share is required);
  • Align with annual list of key industries;
  • Impact on other parts of the supply chain (expand the supply chain);
  • Whether the project contributes to geographic, social, racial and economically equitable outcomes; and
  • Workforce training plan outlined.

Priority will be given to projects that address key areas for growth in the manufacturing sector and align with emerging federal opportunities, including semiconductors, battery technologies, additive manufacturing, and defense/aerospace.

“Our past grant programs have helped many homegrown manufacturers build on their successful product lines and harness co-investment from the federal government. The MMAP is focused on supercharging small manufacturers, companies that want to develop and grow a technical partnership within the state, but need capital investment to scale and get that project off the ground,” said Christine Nolan, Director of the Center for Advanced Manufacturing. 

Program applications officially opened June 10th and first round applications will be due July 29th, followed by an announcement of first-round finalists, followed by a live pitch event, and then the awarding of grants in October 2021. Full details, including program guidelines, deadlines, and a link to the application can be found on the Center for Advanced Manufacturing website at: https://cam.masstech.org/mmap

An information session on the new grant program will be held on Thursday, June 24, 2021, at 11 a.m., hosted by the organization MassMEP.

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About the Mass. Center for Advanced Manufacturing at MassTech

The mission of the Massachusetts Center for Advanced Manufacturing (CAM) is to foster the most complete, collaborative and agile manufacturing ecosystem, to enable business growth from innovation through production. The CAM is a division of the Massachusetts Technology Collaborative (MassTech), a public economic development agency tasked with supporting business formation and growth in the Commonwealth’s tech and innovation sectors. CAM provides a path for manufacturing growth through a connected, accessible ecosystem that supports innovation, workforce development and a business friendly environment. CAM managed programs include the Massachusetts Manufacturing Innovation Initiative (M2I2), the MassBridge manufacturing training program, and the mamanufacturing.com portal. Learn more at https://cam.masstech.org/.