Grant Money Available to Wisconsin Manufacturers

Nov. 16, 2009
Funds can be used for lean implementations and product-development processes

Small and midsize manufacturers in Wisconsin are eligible for up to $6,000 in grant funds to improve performance and stimulate growth as the economy recovers from the recession, the Wisconsin Manufacturing Extension Partnership (WMEP) said on Nov. 16.

The grants authorized by the Commerce Department are targeted to small and midsize manufacturers with less than 500 employees. Grants of $5,000 to $6,500 pay up to 50% of project costs for services delivered by WMEP. The remaining project costs are paid by the company.

Eligible projects include lean transformation initiatives, comprising a comprehensive assessment of a company's operations, identification of key competitive priorities and an action plan to achieve them, and a business-growth plan designed to help manufacturers rapidly generate and test new product ideas called Eureka Winning Ways.

Wisconsin manufacturers will need to be more innovative to remain competitive, said Mike Klonsinski, executive director of the WMEP.

"Unfortunately it won't be back to business as usual for Wisconsin manufacturers," he said. "The changes that were occurring before the recession -- high volatility, spikes in demand and hyper-competition -- are accelerating in the post-recession economy. To win new customers and market share in this global environment, manufacturers must have the best possible systems and processes in place to be highly innovative, lean and agile."

Popular Sponsored Recommendations

Learn How Manufacturers like 3M Cater to Digital Buyers to Increase Sales

Aug. 13, 2023
In this article, you'll learn how manufacturers can balance educating and guiding their buyers through their complex buying process with a digital first approach to product discovery...

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

How Organizations Connect and Engage with Frontline Workers

June 14, 2023
Nearly 80% of the 2.7 billion workers across manufacturing, construction, healthcare, transportation, agriculture, hospitality, and education are frontline. Learn best practices...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!