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  <title><![CDATA[Southeastern Trade Adjustment Assistance Center receives $1.3 million in federal funds]]></title>
  <body><![CDATA[<p>The U.S. Economic Development Administration (EDA) has awarded $13.3 million in federal funds to support 11 Trade Adjustment Assistance Centers (TAACs), including the <a href="https://setaac.org">Southeastern Trade Adjustment Assistance Center</a>&nbsp;(SETAAC) at Georgia Tech, which will receive $1.3 million.</p>

<p>TAACs work to support a wide range of technical, planning, and business recovery projects that help companies and the communities that depend on them adapt to international competition and diversify their economies.</p>

<p>&ldquo;The Trump administration is working every day to help America&rsquo;s manufacturers, their workers, and their communities,&rdquo; U.S. Secretary of Commerce Wilbur Ross said in a statement. &ldquo;This funding is one element of a government-wide effort to restore American jobs and strengthen U.S. manufacturing.&rdquo;</p>

<p>The announced grants are for the second year of a funding cycle that runs from 2016 to 2021.</p>

<p>SETAAC, a program of the Georgia Institute of Technology&rsquo;s Enterprise Innovation Institute (EI<sup>2</sup>), was established in 1974. In addition to serving Georgia, SETAAC works with companies in Alabama, Florida, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee.</p>

<p>SETAAC provides up to $75,000 of matching funds for&nbsp;third-party consultants to help guide a client&rsquo;s economic recovery. Eligible manufacturing firms contribute a matching share to create and implement their respective recovery plan.</p>

<p>In Fiscal Year 2017, SETAAC worked with 45 clients, including <a href="https://setaac.org/news/old-wood-company/">Darren Green of The Old Wood Co.</a> in Asheville, North Carolina, and helped those firms generate more than $9.7 million in sales, and help save or create 143 jobs.</p>
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      <value>2017-08-31T00:00:00-04:00</value>
      <timezone><![CDATA[America/New_York]]></timezone>
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      <value><![CDATA[Funding supports international competitiveness.]]></value>
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            <title><![CDATA[The Old Wood Company]]></title>
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                  <filename><![CDATA[Darren Green_Old Wood Company.jpg]]></filename>
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                  <image_alt><![CDATA[Darren Green ]]></image_alt>
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      <email><![CDATA[peralte.paul@comm.gatech.edu]]></email>
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      <value><![CDATA[<p>For media inquiries, contact:</p>

<p><strong>Laura Diamond</strong></p>

<p>404.894.6016</p>

<p><a href="mailto:laura.diamond@gatech.edu">laura.diamond@gatech.edu</a></p>
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