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SBA opens $50M Made in America manufacturing and workforce grant

The SBA announced a new $50M grant opportunity on May 6, 2026 to support Made in America manufacturing and workforce training, targeting small manufacturers who make up 98% of US manufacturers. Alongside it, SBA introduced a 90% Made in America loan guarantee and waived loan fees for manufacturing NAICS codes in FY2026.

Why this matters for founders

Hardware and manufacturing founders should check eligibility for the grant and the 90% loan guarantee, which can cut both fees and the collateral needed to scale US production.

Source: U.S. Small Business Administration

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