In this episode of The Manufacturers Network Podcast, Micki Vandeloo and I discussed the challenges manufacturers face in accessing subsidies, particularly regarding the limited representation of state economic development organizations and the difficulty of obtaining comprehensive subsidy information find their websites. These challenges are compounded by the complex application process, which varies in complexity depending on the size of the grant.

Micki Vandeloo is president of Lakesview Consulting, and she shared valuable expertise in helping manufacturers obtain grants, drawing on his 25 years of experience in manufacturing and grant writing. Through Lakesview, Micki and her team have successfully secured over 100,000,000 in grants for manufacturing clients, shedding light on the critical role of advisory services in navigating the complexities of grant applications.

The podcast also highlighted the importance of subsidies in various areas such as personnel and training, purchase of high-tech equipment, facilities and capital, energy efficiency, proof of concept, exports and recycling. The discussion sheds light on the importance of encouraging interest in manufacturing careers early, as exemplified by initiatives such as the STEM Goes Red for Girls program and summer camp programs that introduce students to careers in manufacturing.

Lesson learned:

1. Complexity of grant applications: The size of the grant corresponds to the level of detail and documentation required. Manufacturers should pay careful attention to specific application requirements, such as word count, font size, and inclusion of relevant information, to avoid rejection.

2. Importance of Advisory Services: Professional grant advisory services, such as those offered by Lakesview, play a critical role in helping manufacturers navigate the grant application process, increasing their chances of securing financing.

3. Early Career Exploration: Initiatives that focus on engaging students in manufacturing and STEM fields from an early age can significantly impact career paths and address the talent gap in these sectors.

Core themes:

– Challenges for Manufacturers: Obtaining grants can be challenging due to the limited representation of economic development organizations and the complexity of the application process.

– Professional assistance: Grant advisory services are critical for manufacturers to successfully obtain grants, allowing them to fund initiatives and drive success.

– Early involvement: Initiatives aimed at high school students are intended to spark interest in manufacturing and STEM fields, and address the talent gap at its roots.

This episode highlights the importance of grant funding for manufacturing and STEM education and provides valuable insights for manufacturers and industry professionals looking to secure grants and develop talent pipelines. For more information and access to consulting services, please visit their website or contact them via email at [email protected]

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