U.S. creates competition for manufacturing grants
The Advanced Manufacturing Jobs and Innovation Accelerator Challenge is a $26 million competition designed to support projects that aim to help grow a region's industry.
The Obama Administration has announced 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 U.S. Dept. of Energy; the U.S. Dept. of Commerce's Economic Development Administration and National Institute of Standards and Technology (NIST); the U.S. Dept. of Labor's Employment and Training Administration; the U.S. 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 U.S. The deadline for applications is July 9, 2012.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey