By Gabriella Landeros
The Obama administration Tuesday unveiled a $26 million, multi-agency effort to spur job growth in the manufacturing sector.
14 various federal agencies and funding partners, such as the U.S. Department of Commerce Economic Development Administration, U.S. Small Business Administration, and U.S. Department of Agriculture, “will assist the development and implementation of regionally driven economic development strategies that will remove obstacles and/or promote advanced manufacturing growth, thereby helping to enhance the competitiveness of U.S. manufacturers in the global marketplace,” Acting Assistant Commerce Secretary for Economic Development, Matt Erskine said during a conference call with reporters.
The initiative is “designed to strengthen high potential regional clusters across the country that accelerate innovation, strengthen capacity in advanced manufacturing, and foster innovation fueled job creation through public-private partnerships,” added Erskine.
Read the original article on the Talk Radio News Service site.
No comments:
Post a Comment