Evans announces MEP eligibility for $45.4 million in federal grants
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Manufacturing News, Source : TheManufacturer.com
Published : 27 Feb 2004 16:56
Following the recent uproar from manufacturers following the recent cut in funding from the Manufacturing Extension Partnership (MEP) program, US Secretary of Commerce Donald Evans announced, during budget hearing testimony before Congress, that MEP will soon be eligible to compete for up to $45.4 million in economic adjustment assistance grants.
MEP is a nationwide network of not-for-profit centers in over 400 locations nationwide to help area manufacturers by providing expertise and services tailored to help US businesses become more innovative and competitive. In the recently-passed 2004 budget, federal funding for MEP was slashed from $106.6 million to $39.6 million.
“President Bush understands that many American manufacturing workers across the country need assistance,” said Evans.
The $45.4 million in Economic Development Administration (EDA) economic adjustment assistance grants will come from the US Department of Commerce’s 2005 budget request. MEPs will also be eligible to compete for unobligated 2004 economic adjustment assistance grants.
Evans has directed EDA to expand the program to include university-based economic development EDA partners with states, units of local government and community nonprofit organizations in economically distressed areas, regions and communities.
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