Administration Backs a $26 Million Competition for Advanced Manufacturing
June 6, 2012
The Obama Administration announced on May 29 a $26 million multi-agency Advanced Manufacturing Jobs and Innovation Accelerator Challenge to foster innovation-fueled job creation through public-private partnerships. The challenge will support projects that aim to help grow a region's industry clusters by strengthening connections to regional economic development opportunities and advanced manufacturing assets; enhance a region's capacity to create high-quality sustainable jobs; develop a skilled and diverse advanced manufacturing workforce; increase exports; encourage the development of small businesses; and accelerate technological innovation.
This is the third round of the Jobs Accelerator competition, which is being funded by the Energy Department; the U.S. Department of Commerce's Economic Development Administration and National Institute of Standards and Technology; the U.S. Department of Labor's Employment and Training Administration; the Small Business Administration; and the National Science Foundation. In this round, approximately 12 projects are expected to be chosen through a competitive inter-agency grant process. These coordinated investments will help catalyze and leverage private capital, build an entrepreneurial ecosystem, and promote cluster-based development in regions across the United States. The deadline for applications is July 9, 2012. See the interagency press release, the Jobs and Innovation Accelerator Challenge webpage on Manufacturing.gov, and the grant opportunity on Grants.gov.