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What is Trade Adjustment Assistance for Firms (TAAF)?

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What is Trade Adjustment Assistance for Firms (TAAF)?

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Trade Adjustment Assistance for Firms (TAAF) is a unique program, sponsored by the U.S. Economic Development Administration, built specifically for manufacturers adversely affected by imports. This program offers up to $75,000 in matching funds to cost share $150,000 IN PROJECTS. These projects are strategically chosen to enhance the company’s position within the global market place and are facilitated with outside expertise, consulting and technical services in areas of MARKETING, GENERAL AND FINANCIAL MANAGEMENT, INFORMATION TECHNOLOGY, and MANUFACTURING PROCESSES. For smaller firms there is an option of a 75/25 cost sharing ratio for up to a total of $30,000 in projects with a maximum TAAF cost share of $22,500.

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