Warner & Kaine Announce $1 Million in Federal Funding for Manufacturing Partnership in Martinsville to Support Medical Device Manufacturing
WASHINGTON, D.C. – Today, U.S. Senators Mark R. Warner and Tim Kaine announced $1,000,000 in federal funding from the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) for the A.L. Philpott Manufacturing Extension Program (MEP), also known as GENEDGE Alliance, in Martinsville. This funding will help GENEDGE support small and medium-sized medical device manufacturers across Virginia in their efforts to strengthen medical supply chain resiliency and improve product quality by providing the manufacturers increased access to specialized expertise and resources. Specifically, with this funding, GENEDGE will assist the businesses in increasing sales, creating jobs, training more experts in the medical device manufacturing process, reducing risks in the process, providing educational resources, and growing our manufacturing industry.
“Virginians rely on their medical devices every day, and supporting our medical manufacturing industry is critical to ensure patients and providers can access the products they need,” said the Senators. “The pandemic highlighted the importance of ensuring our domestic medical supply chains are strong to improve public health, lower costs, and reduce our reliance on other nations. This funding will strengthen our efforts to do just that. We’re glad these federal dollars will help GENEDGE support small and medium-sized manufacturers across Virginia by training workers, creating jobs, reducing risks in the manufacturing process, and improving the quality of medical devices.”
GENEDGE is a part of the Hollings Manufacturing Extension Partnership (MEP) National Network. In Fiscal Year 2022, the MEP National Network generated $35.80 in new sales growth for manufacturers for every one dollar received in federal funding, which is up $9.60 from Fiscal Year 2021. Last year, Warner and Kaine announced over $2 million in federal funding for GENEDGE.