As part of our mission to support the manufacturing community, we want you to know there is financial help available to sustain and grow your business. Programs like these allow manufacturers to do more with less and propel their business to the next level. Let us use our knowledge and relationships with our financial organization partners to help you navigate their programs.
The Clean Energy Manufacturing in Appalachia (CEMA) initiative provides technical assistance and business support to small and medium manufacturers and enterprises seeking to expand business, production, and jobs in the clean energy supply chains.
As manufacturers expand production into these industries, they also need to walk-the-talk on the net zero pathway and reinvest money from saved energy in business and workers. CEMA helps with these initiatives through emissions reductions assessments, implementation strategies, and a mini-grant program to assist in increasing efficiency and reducing production costs.
The Governor’s Guaranteed Work Force Program provides financial assistance to be used for training, retraining, or upgrading employee skills. As a result, this program focuses on employee training specifically designed to meet the needs of individual employers. Because of this, the Governor’s Guaranteed Work Force Program helps West Virginia’s businesses progress to the next level of competition. To be eligible for funding, a company must provide documentation to show they are compliant with the West Virginia Department of Tax and Revenue, Unemployment Compensation, and Worker’s Compensation.
The goal of the MidAtlantic Trade Adjustment Assistance Center (MATAAC) is to strengthen global competitiveness. For this reason, their assistance engages the services of outside experts that work directly with you and your team on projects specific to your company’s needs. While some restrictions apply, virtually anything under the umbrella of general continuous improvement can be addressed. There is no cost to see if you are eligible for the program, and all inquiries are kept strictly confidential.
The Natural Capital Investment Fund, Inc., (NCIF) promotes environmentally sustainable development through affordable, flexible capital, and advisory services to small and emerging businesses. NCIF’s clients are predominantly located in economically distressed rural communities. For this reason, they are usually unable to access capital from traditional sources. The primary goal of NCIF is to create or retain full-time private sector jobs. In addition, NCIF provides a range of credit enhancement products through its participation in the West Virginia Capital Access Program.
The West Virginia Small Business Development Center provides expert guidance to help small businesses succeed. They provide the services and assistance your business needs throughout the development process including concept, startup and growth. Their statewide network of business coaches partner with you – and collaborate with each other – to help you move your business to the next level. WV SBDC business coaches are highly skilled individuals who have professional certifications ranging from exporting, innovation, technology and economic development, to finance, management, marketing and entrepreneurship. Our coaches can guide you in how to write business plans, manage projects effectively and find greater access to capital.