Connecticut Manufacturing Innovation Fund Apprenticeship Program Connecticut Manufacturing Innovation Fund Incumbent Worker Training Connecitcut Manufacturing Innovation Voucher Program Small Business Express; REV-Up; EAMA Annual Meeting highlighting funding resources; seCTer’s Small Business Lending Program There’s also the $75 million Connecticut Manufacturing Innovation Fund that, among other things, encourages R&D and funds workforce training and upskill opportunities. ... DiPentima said that the Manufacturing Innovation Fund had previously been used to keep manufacturing in Connecticut surviving. Economic Assistance Bond Fund. The State of Connecticut established the Manufacturing Innovation Fund (MIF) to support the growth, innovation and progress of Connecticut's advanced manufacturing sector. average salary: $71,978 Launch your career! Overview. University of Connecticut Connecticut Manufacturing Simulation Center (CMSC) Website coming in January; Revolving Loan Fund Grantees. It offers up to up to $25,000 maximum per employer, per six month period equal to the approved amount. The Fund is administered by the Department of Economic and Community Development (DECD) with the advice and counsel of an advisory board, led by: Colin Cooper, Chairman, Manufacturing Innovation Fund Advisory Board 2011 Connecticut Code Title 32 Commerce and Economic and Community Development Chapter 588l Economic Development and Manufacturing Assistance Sec. Connecticut's new #DoYourThing campaign gives click-worthy support to local entrepreneurs. 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 … Gov. She is an owner of two manufacturing companies, Sound Manufacturing, Inc. and Monster Power Equipment, where she served as President and CEO for 14 years before stepping down to take on her new role with the State of Connecticut. The total amount is not to exceed Six Thousand Dollars Helps companies access capital to buy new equipment for more efficiency, productivity, and competitiveness. Our investment philosophy is geared toward supporting innovation and purposeful solutions that are relevant to the strategic priorities of our clients. Industry 4.0 Accelerator is intended to support Michigan manufacturers with “Operational Resiliency” to avoid disruptions in times of crisis. Cooper said that the backbone of Connecticut’s manufacturing sector are small to medium companies with 20 to 25 employees. June 2022. March 28 2022. The Premium of Manufacturing Wages: Download Article. Connecticut’s Manufacturing Innovation Fund – grants cover 50% of training costs with a minimum request of $10,000 and a maximum of $50,000 per year. 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 … Kevin manages the $46 million Connecticut BioScience Facilities Fund, which invests in the build-out of wet laboratory space. 1. The Small Business Express Program is no longer active and will be It implements a carbon tax to lower greenhouse gas emissions and raise revenue to reinvest in infrastructure, innovation, and the American people. average salary: $120,482 production manager. The Manufacturing Innovation Fund Apprenticeship Program. The Massachusetts Manufacturing Innovation Initiative (M2I2) grant will fund high-tech equipment to recycle scrap materials used in additive manufacturing and battery production. Financial assistance. “But that doesn’t tell the whole story. Be part of the hashtag conversation and help CT’s small businesses grow. Focuses on conservation, load management strategies, and manufacturing workforce development in Middlesex County. Portland, CT 06480-1755. 32-230. Connecticut Bioscience Innovation Fund. Get started … Connecticut's Manufacturing Innovation Fund was created to support the growth, innovation, and progress of the state's advanced manufacturing sector. Whether you want to launch a new production career or expand your current opportunities for advancement, NVCC has resources to support your goal though a wide variety of certificate programs, courses, workshops and customized training. Voucher program. from 2019 General Statutes of Connecticut Kevin Zimmerman. receive funds, Kania submitted false documents to the Connecticut Department of Labor and the Workforce Investment Boards, which administers wage subsidy programs, showing that he had hired ... Kania also submitted false invoices to the Manufacturing Innovation Fund (“MIF”) the wage subsidy programs and $115,000 in loss to the MIF Program. 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. “The Manufacturing Innovation Fund strives to use state funds as catalyst capital to spur investments in equipment, workers, innovation and technology that otherwise might not be made. (a) There is established a fund to be known as the "Economic Assistance Bond Fund". Plan and budget. -. 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 … The COVID crisis has demonstrated the impact on manufacturing of goods and global supply chains. 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. ... Download Flyer. About the fund. Businesses, nonprofits, and other Welcome, Connecticut Manufacturers! Through the end of fiscal year 2020, $57.4 million of this funding has been matched with $99.5 million of private and third-party capital.” Expand and Accelerate Innovation with BlackBerry IVY. This funding is used to provide direct loans and/or grants as well as to support an array of initiatives. The Manufacturing Innovation Fund Apprenticeship Program provides financial assistance to Connecticut manufacturers that have a Registered Apprentice Program as well as, approved Apprentice Related Instruction Training Providers. 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; 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 the expertise they need to become more efficient, productive, and competitive. 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 … 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. 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. The CT Department of Labor will cease drafting new contracts as of March 31st, 2022. 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 … A Manufacturing Surge. DECD stated that its chief manufacturing officer (CMO) informed the manufacturing industry of the Manufacturing Innovation Fund’s Manufacturing Voucher programs. 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. Sign In Now. CT Manufacturing Innovation Fund Voucher Program: Visit Website. In response to impact of COVID-19, Connecticut's Manufacturing Voucher Program will give priority and focus to manufacturers realigning or expanding capacity and capabilities to respond to the shortages of critical medical equipment and supplies. MYSTIC, Conn., March 11, 2021 /PRNewswire/ -- Enko, the crop health company, today announced the opening of their new headquarters and research facilities in Mystic, Connecticut. 2021 Connecticut Manufacturing Innovation Fund. Approval of expenditures. Connecticut’s manufacturing workforce peaked in 1967 at nearly 480,000 jobs. The State of Connecticut established the Manufacturing Innovation Fund (MIF) to support the growth, innovation and progress of Connecticut's advanced manufacturing sector. It provides financial support for a broad range of initiatives that ensure Connecticut’s manufacturers remain leaders in productivity, efficiency, and innovation. Connecticut Manufacturing is renowned for its innovation, quality and value. 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. Administered on a first-come first-served basis. Connecticut-Manufacturing-Innovation-Fund-Voucher-Program-MVP. October 2019; August, 2019; July, 2019 (meeting cancelled) June 28, 2019; Supports the growth, innovation and progress of Connecticut’s advanced manufacturing sector. privacy and data security in Connecticut. Leonard C Boyle, Acting United States Attorney for the District of Connecticut, announced that DAVID KANIA, 62, of Middlefield, waived his right to be indicted and pleaded guilty today before U.S. District Judge Victor A. Bolden in Bridgeport to offenses stemming from his fraud against several state-run wage subsidy and job training programs. 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. Connecticut Innovations Invests $15.1 Million in Early-Stage Companies in FY 2022 Q2 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. Smith gives an example of how manufacturing has changed over the decades in Connecticut. Connecticut’s manufacturing workforce peaked in 1967 at nearly 480,000 jobs. January 28, 2019. Community Development’s Connecticut Manufacturing Innovation Fund. Our schools have kept pace with emerging technologies, new educational methods and standards, and the changing needs of Connecticut’s workforce. ... (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 .
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