Access to capital is essential to the stability and growth of small manufacturing enterprises. Across all stages of the business’s lifecycle, access to capital enables a financial position that will lead to successful operation, innovation, and expansion. This book helps to better understand the state of the capital marketplace and how it impacts the ability of small and medium sized enterprises (SMEs) to obtain the necessary capital to support innovation and growth. Furthermore, this book assesses the status of the Department of Commerce’s Economic Development Administration’s (EDA) implementation of the Innovative Technologies in Manufacturing (ITM) program and the extent to which EDA has coordinated with other agencies to ensure that ITM program activities do not duplicate the efforts of other federal loan guarantee programs.
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