Providing Funding, Training, Educational Programs to Address Supply Chain Issues
MD MEP is excited to announce that we have partnered with Governor Larry Hogan and his team at the Maryland Department of Commerce on the Maryland Supply Chain Resiliency Program, a new initiative aimed at helping manufacturers build, expand and strengthen their supply chains.
“Maryland continues to be a national leader in helping to address the supply chain crisis that is affecting families, businesses, and industries,” said Governor Hogan. “This new program is an innovative way to help manufacturers deal with these challenges and boost the resiliency of our supply base.”
The Maryland Supply Chain Resiliency Program, administered by MD MEP, provides opportunities for Maryland manufacturers to learn and share best practices to improve their supply chains, help manage risk through the current supply chain crisis, improve outcomes, and pursue new opportunities. Additionally, it will help manufacturers connect and communicate with local suppliers, customers, and partners. Grants will be available for technical assistance to manufacturers that have been adversely affected by the COVID-19 pandemic, as well as those whose workforce or supply chain was disrupted.
MD MEP Executive Director Mike Kelleher said, “We are very excited to work with the Department of Commerce on this critical program for Supply Chain Resiliency. This is an excellent opportunity to support our Make it in Maryland endeavors and continue to support the manufacturers that are proud to call Maryland home.” Furthermore, Kelleher said, “The grant assistance will provide manufacturers the opportunity to rebuild their workforce and strengthen their position within the global supply chain”.
Eligibility and Application Guidelines
The program will provide up to $12,000 in funding to qualifying manufacturers that have at least 10 employees and $1 million in anual revenues and demonstrate that one or more of their business operations have been adversely impacted by COVID-19. Once an application is received, a business assessment and review of the company’s business practices will be conducted to better understand the impacts on the business. This will enable the assessment team to identify potential growth strategies, identify resources and award assistance. Applications for the program are now being accepted at mdmep.org/md-scrp/.