Manufacturing Innovation Fund

 

About the Fund

The Manufacturing Innovation Fund supports a set of activities designed to spur technology development and commercialization across New York State, including Manufacturing Innovation Grants.  The Fund is named for Jeff Lawrence, a champion of the New York manufacturing and entrepreneurial communities who passed away in 2015. During his more than 20 years at the Center for Economic Growth, the Manufacturing Extension Partnership affiliate in the Capital Region where he served as executive vice president, Jeff directed programs of direct assistance to manufacturers and technology companies to increase their competitiveness. He is remembered for being an invaluable and generous mentor to many in the area’s business community and a tireless advocate for manufacturing innovation throughout New York.

Manufacturing Innovation Grants

Eligibility

Non-profit organizations in New York State, including non-profit institutions of higher education, are eligible to serve as lead applicants for Manufacturing Innovation Grants. Applicants must demonstrate industry partnerships through which the project will benefit companies, especially manufacturers or early stage companies with projects relevant to the manufacturing sector. All team members must be located in New York State. Applicants may apply for no more than one Manufacturing Innovation Grant per quarter. In the case of a university, up to three different centers or departments at a given university may apply per quarter.

Eligible Uses / Project Types

The Manufacturing Innovation Grants are intended to offset the costs of assisting companies with the following types of projects:

  • Prototype development
  • Proof-of-concept manufacturing
  • Manufacturing-related equipment purchases
  • Manufacturing scale-up
  • Market validation
  • Other projects to advance manufacturing or manufacturing capabilities

Project must be clearly defined and ready to be undertaken. Projects must be completed within two years of an award, and smaller projects may require earlier completion.

Award Details

FuzeHub accepts Manufacturing Innovation Grant applications on a quarterly basis. Award sizes range from $25,000 to $75,000. The number of awards made may vary by quarter depending on other uses of the Fund and the quality of applications received. FuzeHub maintains the right to award less than is being requested. Applicant teams involving industry partners with 50 or more employees are required to contribute a match according to the sliding scale below, with at least 50% of the match in the form of cash equity.

View Full Guidelines     Posted/modified March 1, 2017. Please check back to this site for updates and modifications to these guidelines.

Application

The application period is now closed. The next round will open on Friday, June 2, 2017 and close on Friday, June 30, 2017 at 4:00 PM EST. Applicants are advised to familiarize themselves with the application questions, character limits, and criteria before beginning to develop a response. The project budget worksheet can be downloaded here; this worksheet is the only acceptable budget format.

View Application

Questions?

Please be sure to review the grant guidelines and FAQ thoroughly. Should you have additional questions, you can email them to fund@fuzehub.com.


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