This week is NMTC Advocacy Week and each day we’re focusing on a different supported by the NMTC. Today’s focus is manufacturing.
Over 1,500 NMTC projects (just under 20%) involve the direct financing for a manufacturing business. A couple examples:
Supporting Manufacturing Infrastructure
There are also hundreds of projects supporting the creation of industrial space (for example, out of vacant or abandoned buildings).
Supporting Small Scale Food Manufacturing
It’s also common for NMTC projects to support small scale food manufacturers and entrepreneurs through shared kitchens, vocational training, and culinary incubators.