The administration should direct the Manufacturing Extension Partnership (MEP) to develop more interstate, sector-based initiatives, since supply chains cross state boundaries.

To Do: Develop Interstate, Sector-Based Manufacturing Initiatives

Congress and the administration should align to increase the Manufacturing Extension Partnership’s annual funding to at least $200 million annually.

To Do: Increase Funding for the Manufacturing Extension Partnership

Congress should establish a reshoring incentive fund to provide financial support for firms in critical industries to relocate production now in China to the United States.

To Do: Establish a Reshoring Incentive Fund for Critical Industries

Congress should establish an advanced manufacturing scale-up capital program that provides project financing and associated assistance through grants, loans, loan guarantees, and other instruments.

To Do: Establish an Advanced Manufacturing Scale-Up Capital Program

Congress and the administration should build out the Manufacturing USA network closer to the 45 institutes originally intended.

To Do: Expand Manufacturing USA

The U.S. Small Business Administration should focus more on manufacturing and other traded-sector firms through its financing programs, including its 7(a) loan-guarantee program.

To Do: Focus SBA Loans on Traded-Sector Manufacturers

The National Science Foundation should offer grants to several universities that put forward the best proposals for degrees in industrial policy.

To Do: Encourage Degree Programs in Industrial Policy

ITIF hosted a two-part forum on innovative state-level manufacturing policies.

Manufacturing Workforce Development and Strengthening Manufacturing Supply Chains: What Can States Do?

Congress should create a “U.S. Manufacturing Digitalization Investment Fund” that would provide repayable, low-interest loans to American SME manufacturers to help finance upfront investment in digital manufacturing technologies and solutions.

To Do: Assist State-Level Manufacturing Strategies

Recommendation

Details

Editors’ Recommendations

Policy Recommendations to Stimulate U.S. Manufacturing Innovation

Related

To Do: Develop Interstate, Sector-Based Manufacturing Initiatives

To Do: Increase Funding for the Manufacturing Extension Partnership

To Do: Establish a Reshoring Incentive Fund for Critical Industries