The Obama Administration expressed its commitment to 'building a 21st century manufacturing economy by supporting small business development to create the technologies and industries of the future.' The influx in technology is intended to promote job-retention, supply-chain growth, new exports and reshoring. The grant funds efforts in the four-state region over the first 18 months and creates a five-year public-private partnership that will then expand the initiative nationally.

The EDA project will introduce modeling, simulation, and analysis (MS&A) to supply-chain manufacturers in Ohio, Illinois, Indiana and Michigan who do not alone have the resources to implement this technology into their workflow. The federal officials also formally signed a memorandum of understanding between the federal government and the participating Original Equipment Manufacturers (OEMs). Representatives from the Ohio Supercomputer Center (OSC), the Ohio Board of Regents, Procter & Gamble, PolymerOhio and the Council on Competitiveness were among those present as White House and Department of Commerce officials formally announced the Economic Development Administration grant for the Midwest Project for SME-OEM Use of Modeling, Simulation and Analysis. WASHINGTON, DC вЂ“ The White House today announced a $5 million grant to the Ohio Supercomputer Center and several partner organizations to support the advanced manufacturing efforts of midwestern small- and medium-sized manufacturers (SMEs).

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