Grant Program Aims to Grow US Manufacturing

Grant Program Aims to Grow US Manufacturing

Plastics Business

Walmart, the Walmart Foundation and the United States Conference of Mayors have launched the Walmart US Manufacturing Innovation Fund. Eligible non-profit organizations can apply for grants of $100,000 or more, funded by the Walmart Foundation, to help create solutions to challenges many companies face with on-shoring and growing US manufacturing.

The first year of the initiative will focus on innovation in textiles manufacturing and common manufacturing processes that apply to a broad range of consumer goods, including small motor manufacturing and tooling for injection molding. Anticipated participating organizations include research and academic institutions, think tanks and other non-profit entities focused on innovations in manufacturing.

The initiative is part of Walmart’s commitment to buy an additional $250 billion in products that support American manufacturing. It represents a significant investment to accelerate US manufacturing and create American jobs. The Boston Consulting Group estimates it will add 1 million jobs in the United States.

Applications are due April 22. Selected proposals will receive grants ranging from $100,000 and above for award periods of at least one year, with the option of reapplying for continued funding. Each applicant will need sponsorship from the mayor of a USCM-member city.

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