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We will continue to service companies with existing, active contracts, but all new training initiatives will be transferred to the CT Center for Advanced Technology (CCAT). DECD stated that its chief manufacturing officer (CMO) informed the manufacturing industry of the Manufacturing Innovation Fund’s Manufacturing Voucher programs. The total amount is not to exceed Six Thousand Dollars March 28 2022. Spread the Buzz for CT Small Businesses. Overview. WASHINGTON, DC – Today, Congressman Joe Courtney (CT-02), Chairman of the House Armed Services Subcommittee on Seapower and Projection Forces, commended the continued success of the Eastern Connecticut Manufacturing Pipeline Initiative (MPI), the award-winning job skills training program that began in 2014 through the Federal Workforce … In addition, the state is aiming to support the creation of at least 15,000 new jobs over the next five years in advanced manufacturing, data science, and insurance technology. The State of Connecticut established the Manufacturing Innovation Fund (MIF) to support the growth, innovation and progress of Connecticut's advanced manufacturing sector. Considering a career in manufacturing? Industries across Connecticut range from jet aircraft engines and helicopters to submarines to hydrogen fuel cells to signal processing and navigational tools to power systems, medical devices, and biotechnology. A Manufacturing Surge. Connecticut Innovations will make investments from the $200 million CBIF over the next 10 years in the form of grants, equity investments and loans to speed commercializable bioscience breakthroughs to market. Manufacturing innovation districts. AMAP is a competitive grant program developed by CCAT and the Connecticut Manufacturing Innovation Fund Advisory Board in 2020. Administered on a first-come first-served basis. The first payment to the Connecticut Paid Leave fund is now due. The Premium of Manufacturing Wages: Download Article. The America Wins Act would boldly address the climate crisis and our infrastructure deficit. There’s also the $75 million Connecticut Manufacturing Innovation Fund that, among other things, encourages R&D and funds workforce training and upskill opportunities. § 32-7o (2019) - Connecticut Manufacturing Innovation Fund. Connecticut Innovations Invests $15.1 Million in Early-Stage Companies in FY 2022 Q2 Eligible manufacturers can apply for grants up to … You can improve the accuracy of search results by including phrases that your customers use to describe this issue or topic. Connecticut Manufacturing is renowned for its innovation, quality and value. “But that doesn’t tell the whole story. Grant: Connecticut Manufacturing Innovation Fund Voucher COVID-19 Response Grants: Available Amount: Maximum of $75,000: Deadline: Open: Description: This Connecticut Department of Economic and Community Development program provides companies with access to capital to help them obtain new equipment and the expertise they need to become more … The Region is home to “Aerospace Alley,” an extensive network of thousands of advanced manufacturing firms that draw from the fifth most productive workforce in the country. Connecticut Manufacturing Innovation Fund Voucher Program. Our Commitment to our Manufacturing Partners. CT Manufacturing Innovation Fund Voucher Program (MVP) If you are looking for a loan to purchase new manufacturing equipment, Connecticut Center for Advanced Technology introduced the MVP program. 2011 Connecticut Code Title 32 Commerce and Economic and Community Development Chapter 588l Economic Development and Manufacturing Assistance Sec. ... (LVERs promote the hiring of Veterans to Connecticut Employers) Statewide: Sheldon Boyce: (203) 455-2852 Sheldon.Boyce@CT.gov Tim Rockefeller: (860) 263-6016 Timothy.Rockefeller@ct.gov . Start Here. source: stuffmadeinCT.com $30.78 billion … Thank you for your interest in the Manufacturing Innovation Fund Incumbent Worker Training (MIF IWT) program. Summary. Description: These funds are requested, along with those under Item 5, to finance grants-in-aid and loans under the Connecticut Manufacturing Innovation Fund established by section 32-7o of the general statutes and for grants-in-aid the Connecticut Center for Advanced Technology pursuance to the act. This funding is used to provide direct loans and/or grants as well as to support an array of initiatives, including: encouraging company/university collaboration in research and development efforts; Businesses, nonprofits, and other Connecticut’s manufacturing workforce peaked in 1967 at nearly 480,000 jobs. Smith gives an example of how manufacturing has changed over the decades in Connecticut. provides financial assistance to Connecticut manufacturers that have a Registered Apprentice Program as well as, approved Apprentice Related Instruction Training Providers. The summary is used in search results to help users find relevant articles. In 2014, the Connecticut Legislature passed PA 14-98 approving a $30 million Connecticut Manufacturing Innovation Fund to be administered by the Department of Economic and Community Development (DECD) along with the advice and counsel of an 11 member advisory board. future. ... DiPentima said that the Manufacturing Innovation Fund had previously been used to keep manufacturing in Connecticut surviving. The Small Business Express Program is no longer active and will be The Connecticut Department of Labor received a federal Workforce Innovation Fund grant to create the Manufacturing Pipeline Initiative, a demand-driven workforce development initiative providing classroom and industry-specific training to quickly prepare underemployed and unemployed workers for in-demand advanced manufacturing jobs in … Helps companies access capital to buy new equipment for more efficiency, productivity, and competitiveness. Connecticut Bioscience Innovation Fund. manufacturers electronics engineer. from 2019 General Statutes of Connecticut Briefly describe the article. Local Alumna Leads the Way to Support Women in Manufacturing: Read More. (a) There is established a fund to be known as the "Economic Assistance Bond Fund". This grant program is intended to help Connecticut supply chain companies with the adoption and integration of IoT solutions. 1. Make it your future. The manufacturing industry is diverse with many different kinds of jobs. Join us in helping Connecticut spark a green energy movement and learn how you can start saving now. developed in 2020 by the Connecticut Center for Advanced Technology (CCAT) and the Connecticut Manufacturing Innovation Fund Advisory Board. BlackBerry IVY empowers automotive and smart vehicle developers by providing safe, secure access to rich data sets and data analytics directly within the vehicles. Click here to download the PDF version. “In 1969, there were 470,000 manufacturing jobs in Connecticut, and right now, there are about 152,000,” he says. CT Manufacturing Innovation Fund Voucher Program. So Lyon, whose family owned company recycles and re-manufactures office furniture and cubicle systems, applied and qualified for a $33,000 matching grant through the Connecticut Manufacturing Innovation Fund, which covered half the cost, plus associated electrical upgrades and training. The Connecticut Advanced Manufacturing Communities Region, an eight county area centered on Hartford, CT, led by the State of Connecticut Department of Economic and Community Development. To help keep pace with state-of-the art product development and manufacturing technology, the Manufacturing Innovation Fund Voucher Program provides companies with access to capital to help them obtain new equipment and … Make your home, business, city or town more energy efficient with affordable financing from Connecticut Green Bank. This funding is used to provide direct loans and/or grants as well as to support an array of initiatives. Business Relief / Grants: Connecticut manufacturers can now apply for grants of up to $75,000 to assist in the production of critical equipment and supplies needed to respond to the COVID-19 emergency.The grants, offered through the state’s Manufacturing Innovation Fund Voucher Program, can be used for working capital, new equipment, and other purposes … Financial assistance. February 3, 2022, 11:49 pm. The Connecticut Manufacturing Innovation Fund is one of the most innovative state-level economic development initiatives in the country, notes Catherine Smith, commissioner, Connecticut Department of Community and Economic Development. Portland, CT 06480-1755. The UConn Innovation Fund (UIF) serves as a critical early-stage investment for in-state business startups that will allow them to stay in Connecticut and grow. Aerospace & Defense. Businesses, nonprofits, and other The Connecticut Manufacturing Innovation Fund Apprenticeship Program provides funding to (1) help manufacturing companies provide their registered apprentices with the occupational skills required to meet current and emerging market … Sign in and use CTPL's brand new payment portal. Find out more. Connecticut State Connecticut Department of Economic and Community Development CT.gov Home; Connecticut Department of Economic and Community Development ... Manufacturing Innovation Fund Advisory Board meeting schedule 2019 Meetings/Minutes. Funding Assistance to Help Connecticut Manufacturer's Innovate & Grow! Today, there are exciting conversations taking place 931 Portland Cobalt Road. The Massachusetts Manufacturing Innovation Initiative (M2I2) grant will fund high-tech equipment to recycle scrap materials used in additive manufacturing and battery production. Connecticut's new #DoYourThing campaign gives click-worthy support to local entrepreneurs. Plan and budget. $100 million fund facilitating technology innovation, accelerating growth through supplier networks and cultivating talent development to promote the competitiveness of Connecticut’s manufacturing industry. Nearly one of every 10 Connecticut employees now works in the manufacturing sector—and the demand for skilled manufacturers continues to accelerate. The University of Connecticut broke ground for its new Technology Park Wednesday, marking a new era of public-private research partnership at UConn that is intended to drive Connecticut innovation and competitiveness in the state, region, and beyond. Our schools have kept pace with emerging technologies, new educational methods and standards, and the changing needs of Connecticut’s workforce. University of Connecticut Connecticut Manufacturing Simulation Center (CMSC) Website coming in January; Revolving Loan Fund Grantees.