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Obama to unveil $1 billion national manufacturing innovation initiative

from Manufacturing & Technology News

Tucked deep — very deep — within the Obama administration's fiscal year 2013 budget submission to Congress is a proposal to create a new $1 billion private-public partnership program aimed at commercializing and manufacturing U.S. developed technologies. The National Network for Manufacturing Innovation, modeled after the German Fraunhofer Institutes, would be a joint effort between the departments of Defense and Energy, the National Science Foundation the Commerce Department's National Institute of Standards and Technology. According to the budget submission, the goal would be to "revitalize U.S. manufacturing, through a network of institutes where researchers, companies and entrepreneurs can come together to develop new manufacturing technologies. more

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