June 2013 Newsletter
June 13 Deadline to Apply for Investing in Manufacturing Communities Partnership Implementation Strategy Grants
The Obama Administration is accepting applications for the first phase of the new Investing in Manufacturing Communities Partnership (IMCP).
The IMCP is an initiative that will help accelerate the resurgence of manufacturing and create jobs across the country. It is designed to reward communities that demonstrate best practices in attracting and expanding manufacturing by leveraging and integrating targeted investments in workforce training, critical infrastructure, research, and other key assets.
In the first phase of the IMCP in 2013, the Economic Development Administration (EDA), Department of Agriculture, Small Business Administration, and Environmental Protection Agency are each providing funding for regional, implementation-ready strategy grants to kick-start the initiative.
EDA will allocate up to $4 million to support the development of approximately 20 to 25 regional implementation-ready strategies. EDA funds, up to $200,000 per grant, will be made available through EDA’s Economic Adjustment Assistance program. For more information, go EDA’s IMCP web page. The deadline to submit an application is June 13. The announcement of the grant award winners is scheduled for September.
The second phase of IMCP is the IMCP Challenge, a multi-agency implementation grant competition led by EDA that represents the cornerstone of the overall IMCP. President Obama’s FY 2014 budget includes $113 million for this component. Stay tuned for more information to come this fall.
Reacting to President Obama’s recent announcement of policies designed to strengthen manufacturing, including the National Network for Manufacturing Innovation and the Investing in Manufacturing Communities Partnership, Mark Muro of the Brooking Institution’s Metropolitan Policy program noted that “EDA and it agency partners ... are getting at the regional sites in communities where manufacturing supply chains actually comes together and generate prosperity. That’s a good place for federal manufacturing policy to be.” Read the full commentary here.