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NIST Issues Notice of Intent to Fund New Manufacturing Innovation Institutes

The U.S. Commerce Department’s National Institute of Standards and Technology (NIST) announced today it has issued a Notice of Intent to fund up to two institutes as part of the National Network for Manufacturing Innovation (NNMI). For its first institutes, the Commerce Department will provide up to a total of $70 million per institute over five to seven years. Commerce funding must be matched by private and other non-federal sources. The institutes are expected to become self-sustainable within the time period of the award.