2022 Manufacturing Grants
As part of the Jeff Lawrence Innovation Fund, FuzeHub’s Manufacturing Grants are designed to encourage collaboration between not-for-profit organizations and small to medium-sized manufacturing companies in New York State. The grants serve as a resource to help companies achieve success from early stage, proof of concept through maturity. The partnership created with the not-for-profit organization serves as a pathway to technology transfer, adoption and implementation of new manufacturing processes, as well as the creation of enhanced products and services.
The U.S. Economic Development Administration is now providing additional support to FuzeHub’s Manufacturing Grants program, with a focus on projects that benefit start-up companies. As a result, at least four awards in this round will be made for projects benefiting start-up companies; of those, at least 2 awards will be made to projects that exclude the purchase of equipment (see Guidelines for details). Up to five awards will be made to projects that benefit eligible companies of any stage of maturity, and equipment costs are eligible under those awards.
To identify innovative projects that support the collaboration of not-for-profit organizations and New York State small to medium-sized manufacturers, leading to the creation of valuable economic impacts in our communities, and the growth of New York’s manufacturing sector.
Individual grants will not exceed $50,000. The number of awards made may vary by funding round depending on other uses of the Fund and the quality of applications received. FuzeHub maintains the right to award less than is being requested.
Eligible Applicants: New York State not-for-profit organizations that partner with at least one New York State small to medium-sized manufacturer in any stage of maturity
Eligible Partner Manufacturers: Each manufacturer (industry partner) identified in the application will need to evidence:
- At least one physical establishment in New York State, and no more than 500 employees across the entire firm or enterprise worldwide;
- Registration with Dun & Bradstreet evidenced by a D&B account number. The D&B profile must include a manufacturing North American Industry Classification System (NAICS) code. See guidelines for list of eligible NAICS codes.
- At least 4 awards will be granted to projects in which the industry partner is a startup manufacturer who does not request funds toward the cost of purchasing equipment. For the purposes of this grant, a startup is a company that has:
- Less than $2M in revenue to date; and
- Been in business for 5 years or less (7 for life science, biomedical, or medical device companies)