Coachella Valley Economic Partnership receives $200,000 federal grant for manufacturing investments

September 25th, 2013 | by Dominique Fong | Comments

The Coachella Valley Economic Partnership received a $200,000 federal grant to develop a plan that could improve manufacturing in the region, the U.S. Department of Commerce announced today.

The plan should include ways to attract and expand private investment in manufacturing and increase international trade and exports, according to the department’s website.

The grant is part of the Investing in Manufacturing Communities Partnership, an effort from the Obama administration to strengthen workforce training, research, supply chains and access to capital for manufacturing companies.

The first phase of the program provides 44 grants totaling $7 million to organizations across the country. The money will help communities compete this fall in the IMCP Challenge, which may award winners with more grants and investments. Winners will be announced spring 2014.

The Department of Commerce also awarded a $3 million grant to Imperial, a city nearly two hours southeast of Palm Springs. The grant will support the Alliance and Innovative Regional Center, an EB-5 immigrant investor organization, and its plans to help create more than 640 jobs and promote economic growth.

Update: The grant will help develop a plan to make an advanced manufacturing center in eastern Coachella Valley, similar to the CViHub incubator in Palm Springs, according to Joe Wallace, managing director of CViHub.

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