You're in a prime position to advance your business with significant funding from this program. You can access up to $3,000,000 for research grants or up to $500,000 for seed grants. This is an excellent opportunity to support your innovative projects aimed at creating new manufacturing capabilities. The best part? There's no payback requirement, so you can direct your efforts toward growth without worrying about financial pressure.

By applying, you’re not just securing funds; you’re playing a part in shaping the future of manufacturing. This program encourages collaboration across different fields, enabling you to tap into diverse expertise to strengthen your initiatives. Plus, being involved in a project that promotes workforce diversity and sustainability can enhance your business's reputation and impact in the industry. It’s a chance to lead innovative change while gaining substantial financial backing for up to four years or two years, depending on the grant type.

This is an opportunity you won't want to miss. You have the potential to drive real transformation in your sector while receiving the support you need to make your vision a reality. Now’s the time to consider how these funds can help you overcome challenges and enhance your business capabilities.

Type of Financing

The program offers two types of grants:

• Future Manufacturing Research Grants (FMRG): Up to $3,000,000 for a duration of up to four years.
• Future Manufacturing Seed Grants (FMSG): Up to $500,000 for a duration of up to two years.

Repayment Terms and Interest Rates

These are grants, so you do not have to pay them back. There are no interest rates associated with these funds, meaning you can focus on your manufacturing innovations without worrying about repayments.

Eligible Expenses

You can use the funds for a variety of purposes, including:

• Supporting fundamental research.
• Educational programs related to workforce development.
• Projects addressing technological, environmental, or social challenges in manufacturing.

Ineligible Expenses

Be mindful that funds cannot be used for incremental improvements to existing manufacturing technologies. They must be directed towards new and transformative manufacturing capabilities.

Fees

There are no specified fees associated with this program. It's designed to support your initiatives without any hidden costs.

• Location: Business must be located in the United States.
• Sectors: Open to all sectors.
• Employees:
  • No minimum number of employees required.
  • No maximum number of employees required.
• Company Revenue:
  • No minimum revenue qualifications.
  • No maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• Proposals that are incremental improvements over existing advanced manufacturing technologies will not be competitive.

The program offers your business up to $3,000,000 for research grants and up to $500,000 for seed grants. This funding can be used to support innovative research and education initiatives that aim to create new manufacturing capabilities. Whether you're exploring technology, workforce development, or sustainable practices, this program is designed to fuel your vision.

You can utilize these funds to tackle various challenges, from enhancing productivity to addressing environmental sustainability. The grants provide you with financial support for up to four years for larger projects, or two years for initial seed efforts. There is no payback requirement, so you can focus on growing your business without added financial pressure.

By participating in this initiative, you will play a role in shaping the future of manufacturing. The program encourages collaboration across various disciplines and emphasizes the importance of diversifying the workforce. This is a chance for you to lead innovative change while gaining access to significant funding.