As part of the Obama administration’s strategy to encourage companies to increase investment in the United States, the administration has announced the Make it in America Challenge — a $40 million national competition funded by the U.S. Department of Commerce’s Economic Development Administration, the National Institute of Standards and Technology Manufacturing Extension Partnership, and the U.S. Department of Labor’s Employment and Training Administration designed to strengthen the U.S. economy and create jobs by “partnering with state, regional, and local economies,” according to a press release from the Department of Commerce. Depending on the number of eligible applicants, approximately 15 awards will be given out as part of the challenge to help provide “the critical infrastructure, strategic planning, capacity building, technical assistance, and workforce skills training necessary for American communities to be the desired home for more businesses,” the release said. A Federal Funding Opportunity, which will include guidelines and deadlines for submitting an application, will be published by early 2013, the release said. For more, read the press release.
Make it in America Challenge aims to accelerate insourcing by awarding funding to American companies and communities that invest here in the U.S.
