Governor Lamont, Lieutenant Governor Bysiewicz and Senator Blumenthal announce Connecticut receives federal grant to help minority-owned manufacturers
Connecticut is one of four national recipients of an advanced manufacturing center grant from a minority business development agency
(HARTFORD, CT) – Governor Ned Lamont, Lieutenant Governor Susan Bysiewicz, United States Senator Richard Blumenthal and the UConn School of Business announced today that Connecticut has received a grant of $ 2 million over five years from the United States Department of Commerce. Development Agency (MBDA) to operate a national MBDA Advanced Manufacturing Center.
Participating companies will work with UConn School of Business and other technical support partners to access advanced manufacturing and general business support to meet challenges and seize opportunities.
“Connecticut is proud to have so many diverse manufacturers who can be further supported through this grant,” Governor Lamont said. “The expert advice we provide to these manufacturers will give them opportunities to expand their businesses into new markets or refine current operations to operate more efficiently.”
“Connecticut is poised to be more successful in our advanced manufacturing areas with this $ 2 million grant to operate a state-of-the-art manufacturing center from the Minority Business Development Agency,” Lieutenant Governor Bysiewicz said. “This is a big step forward in supporting minority-owned businesses in our state and in growing the Connecticut economy with advanced manufacturing at the center of this effort. “
“This is a monumental step forward in strengthening and expanding small minority businesses in Connecticut,” Senator Blumenthal said. “After too long without a Connecticut-based MBDA center, this collaboration, led by the UConn School of Business, with key partners including the Connecticut Small Business Development Center, CONNSTEP and the Connecticut Department of Economic and Community Development, is now going operate a state-of-the-art MBDA manufacturing center here in our state. Small minority businesses will play an increasingly important role in Connecticut’s world-renowned high-tech manufacturing industry.
MBDA is the only federal agency dedicated solely to supporting minority businesses. The MBDA Advanced Manufacturing Center will connect minority-owned manufacturers with experienced professionals to help them refine their business strategy and operations, assist with financial analysis, and connect them to Manufacturing Extension Partner Centers to a more in-depth analysis of the advanced manufacturing services that would be appropriate for this. Business.
“Supporting minority-owned Connecticut manufacturers, through technical assistance provided by grant partners, as well as UConn through programs such as the Technology Incubation Program, is critical to their success.” John Elliott, Dean of the UConn School of Business, said. “The MBDA grant will give us the opportunity to increase assistance in various areas to these businesses. “
Manufacturers working with the center will have access to assets and resources that can help them reduce costs, increase sales, and create and maintain jobs. He will also intentionally address the unique challenges these business owners face and strive to provide personalized assistance.
The MBDA Advanced Manufacturing Center is supported by a number of key partners in the Northeastern United States and Puerto Rico. These partners include CONNSTEP, PRIMEX, Maine Manufacturing Extension Partnership and the Connecticut Department of Economic and Community Development.
Businesses interested in participating in this program can contact the Connecticut Small Business Development Center at [email protected] or 877-723-2828.
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