Department of Commerce: Advanced Manufacturing Project GrantsDeadline: April 8, 2021
The Advanced Manufacturing Project (AMP) grants awards to identify, screen, promote, and refer Minority Business Enterprises (MBEs) to specialized advanced manufacturing programs, and to provide technical and business development services. The technical assistance and business development services will generate increased financing and contract opportunities for MBEs and will assist MBEs in creating and retaining jobs. The AMP awardees also will assess regulatory changes pertaining to manufacturing in domestic and global markets, economic impact, and need for minority manufacturers. AMP awardees will educate federal, state, local government, and private sector entities on ways to expand resources and to use minority manufacturers.
Organizations that are owned or controlled by the following persons or groups of persons are the organizations that are considered MBEs for the purpose of this NOFO: African-American, Hispanic-American, American Asian and Pacific Islander, Native American (including Alaska Natives, Alaska Native Corporations and Tribal entities), Asian Indian American, and Hasidic Jewish American.
The Department of Commerce has established key priorities designed to overcome the unique challenges faced by MBEs. The primary drivers of the AMP are: (i) capacity building, and (ii) job creation/retention resulting from facilitating contracts/financing for medium-sized minority businesses in the manufacturing industry.
AMP services include, but are not limited to:
- The vetting of MBE manufacturers;
- Referral of clients to advanced manufacturing resources;
- Development of a pool of contract and finance opportunities;
- Direct matching of opportunities with qualified/vetted advanced manufacturing MBEs;
- Relationship management and deal sourcing initiatives (such as but not limited to industry clusters);
- Facilitating MBE growth through exports (identifying global markets and financing);
- Identifying, matching, and securing alternative sources of capital and financing;
- Educating MBEs on the benefits of strategic growth alternatives (e.g., mergers, acquisitions and/or joint ventures);
- MBE advocacy;
- Providing service referrals to MBEs of all sizes.
AMP awardees are required to work collaboratively with the Minority Business Development Agency (MBDA) network. The AMP will engage the MBDA Network and offer services to assisting MBE manufacturing clients and customers through collaboration. Proposed projects should align, compliment, and support MBDA’s mission to promote the growth and global competitiveness of America’s MBE community. Funded projects must align with MBDA program objectives and priorities, and must provide management and technical assistance (i.e., business consulting services) to MBE clients that support their respective business development and capacity building journey. See solicitation for details.
Amount: Four awards of $400,000 each will be made for a period of five years.
Eligibility: For-profit entities (including but not limited to sole proprietorships, partnerships, limited liability companies, and corporations), non-profit organizations, institutions of higher education, commercial organizations, state and local government entities, Tribal governmental entities, and quasi-government entities. Projects must be in any area of the U.S. and must provide services that benefit minority business enterprises in any U.S. state or territory.