A Wide Variety of
Grants Are Available
to Assist Manufacturers in NYS
There are many grants
available to manufacturers in New York State, however, working through
the maze of available grants and funding organizations can be a daunting
task.
As the Regional
Technology Development Center, AM&T can assist you by helping you to
identify and articulate your needs, connect you to potential grant
resources, and in some cases write the actual grant applications for
you.
Grants are typically
available to help New York State manufacturers with:
Industrial Effectiveness Program (IEP)
For over twenty years the Industrial Effectiveness Program (IEP) has
been helping New York State's manufacturing companies to become more
globally competitive. The program is designed to reimburse
manufactures for out-of-pocket consulting expenses that introduce
improvements initiatives into the company.
Funding Criteria
The IEP is a participatory grant that reimburses consulting expenses
based on company size as follows:
-
For less than 25 employees, 2/3 is reimbursed up to a maximum of
$25,000.
-
The 2/3 reimbursement increases to $40,000 for companies of 25-100
employees.
-
Companies of more then 100 people can receive 50% reimbursement with a
maximum of $50,000.
-
In all caces the reimbursement is based on a rate of $80 per hour.
This funding opportunity can be used for a wide array of improvement
initiatives within the manufacturing, support or management areas.
Typical projects may include strategic planning, quality systems, lean
manufacturing, human resources, marketing, supply chain management,
information technology, safety etc. Multiple activities may be covered
under a single grant.
Funding Process
The process for obtaining this funding is also relatively simple. The
first step is a brief qualification which describes the competitive
issues and evaluates the company's basic financial position. This can
normally be done within one day. The next step requires as assessment
of the company's business within its major functional areas. Based on
the assessment findings the company may then apply to address the
issues and recommendations that were cited in the final report.
The state has a standard application. which is comprehensive but not
difficult to complete. The completed application is submitted to the
local office of Empire State Development for initial review prior to
it being forwarded to Albany for final review and approval. While the
complete approval process typically takes 6-8 weeks, the company is
allowed to begin work at their own risk immediately after the initial,
local review.
The IEP grant is particularly appealing due to the variety of
improvements that can be addresses within a single application.
Improving Materials Management And Reducing
Waste Through Pollution Prevention And Recycling *
Manufacturers and other businesses that want to
reduce costs and/or expand operations by (1) reusing, remanufacturing,
or recycling materials that are normally disposed, or by (2) reducing
the volume or toxicity of waste and/or by-products may be eligible for
financial awards from New York State. Awards are used to help pay for
capital projects, research, development and demonstration (R&D), or
technical assistance associated with the project.
Funding requests are reviewed on a competitive
basis throughout the year. The extent of private investment and the
significance of expected economic and environmental benefits are
evaluated to determine award amounts.
Capital project awards can be fund a portion of
eligible costs (generally $50,000-$500,000); R&D awards can fund up to
80% of eligible project costs (generally up to $200,000); and
technical assistance awards can support up to 50% of eligible projects
costs (generally up to $75,000 per year per project).
* funding through the Environmental Investment
and Waste Tire
