Support for Existing Manufacturers
We provide multiple options for existing manufacturers seeking support for new, innovative processes, product development, or upgrading outdated legacy systems and manufacturing practices.
Manufacturers seeking investments follow the same process outlined on our Funding page.
We offer two types of small grants for manufacturers to support innovation and process improvement. Annually, a limited amount of funding is set aside for this purpose. Here are the available options:
Funding: Up to $10,000
Purpose: To develop innovative products or services that position the company for growth, or to implement processes that improve operational efficiency or enhance marketing and sales systems.
Matching Requirement: Companies must provide a 1:1 cash match for the amount awarded.
Funding: Up to $25,000
Purpose: To collaborate with universities, researchers, consultants, or testing laboratories for proprietary product development or cost-saving process improvements.
Matching Requirement: A 1:1 cash match from the manufacturer is required, and the total combined investment will be paid directly to the chosen partner organization. A three-way contract must be executed between the manufacturer, the partner, and Ben Franklin.
Both grant opportunities follow the steps outlined on our Funding page. After presenting to the Ben Franklin team and receiving approval, you will finalize your request by completing a proposal document with your Ben Franklin representative and executing the necessary contract.
Ben Franklin invented bifocal glasses in the 1780s, combining lenses for both near and far vision into a single frame. This simple yet groundbreaking innovation changed the way people interacted with the world, offering convenience and clarity. Much like Franklin’s invention transformed vision, innovative manufacturing processes and product development can reshape the future of your business, driving growth and efficiency.