Governor Larry Hogan announced that State is launching a supply chain program aimed at supporting resilience building activities for manufacturers.
The Maryland Department of Commerce, in coordination with the Maryland Manufacturing Extension Partnership (MD MEP), will launch and implement the program, to be called the Maryland Supply Chain Resiliency Program.
According to a press release from the Office of the Governor:
This initiative will provide opportunities for Maryland manufacturers to learn and share best practices for improving their supply chains, helping to manage through the current supply chain crisis, improve outcomes, and reduce risk. Additionally, it will help manufacturers connect with local suppliers, customers, and partners.
Grants will be available for technical assistance to manufacturers in the state that lost sales, revenue, contracts, customers, or suppliers due to the COVID-19 pandemic, as well as those whose workforce or supply chain was disrupted. Assistance can range from helping a business identify new markets and supply chain solutions, to export activities, executive coaching, and adopting and implementing new technologies.
Eligibility and Application Guidelines:
- Manufacturers must be located in Maryland and qualify as a manufacturer as defined by NAICS codes 31-33.
- The business must have at least 10 employees and $1 million in annual revenues.
- The business must 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 a company’s business practices will be done to better understand the impacts on the business, which will enable the assessment team to identify potential growth strategies.
Applications for the program are now being accepted at mdmep.org/md-scrp/.
Read the full press release from the Office of Governor Larry Hogan.