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Manufacturing Matching Grant Program

Grants to USA Manufacturing Companies in New
England States for Private Consulting Services

GrantWatch ID#: 160846
Agency Type:

Foundation / Corporation

Smaller Business Association of New England (SBANE)

10/06/17 11:59 PM

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Grants of up to $7,500 to Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont small- and mid-sized manufacturing companies to retain private consulting services to assist with a business transition. Funding will be used to hire high-powered, third-party consultants of the company's choice.

Types of Consulting (not an inclusive list):
-Financial restructuring of bank debt
-Marketing or Branding programs (excluding website development)
-Accounting, Comptroller, Chief Financial Officer staffing services
-Vendor payment plans
-Reorganization under the Bankruptcy Code
-Lean Manufacturing projects
-Legal
-Government procurement (state contracts, federal contracts, 8A certification, SBIR grants)

$250,000

Companies can apply for up to $7,500 in matching funds.

All projects must be completed by Friday, June 1, 2018.

To be eligible, companies must meet the criteria used by the Commonwealth of Massachusetts to define a manufacturing corporation. That information is available here:
http://www.mass.gov/dor/businesses/help-and-resources/legal-library/regulations/58-00-59-00-local-taxes-local-assessment/830-cmr-5821-manufacturing-corporations.html

Companies must hire a third party consultant; current employees CANNOT be substituted for a consultant.

Consulting cannot include workforce training.

This program requires the eligible candidate company to pledge a dollar for dollar cash match. For example, if the project will cost $15,000 to hire a person or agency to institute lean manufacturing in a plant, then you will be required to send a $7,500 certified check to SBANE for 50% of the project cost. SBANE will pay the third party directly so it can track the progress and benchmarks that have been established at the outset by the recipient company.

All applications are due by 11:59 PM on Friday, October 6, 2017.

Awards will be made before the end of October.

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Online application: https://sbane.wufoo.com/forms/z1xsnq6f0ewrl0u/

Smaller Business Association of New England
1601 Trapelo Road, Suite 172
Waltham, MA 02451

P: 781.890.9070
F: 781.890.4567
info@sbane.org

See the full text of this grant

USA: Connecticut;   Maine;   Massachusetts;   New Hampshire;   Rhode Island;   Vermont

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