The Great Lakes Trade Adjustment Assistance Center has over 25 years of experience helping small manufacturers that have been hurt by imports improve their competitiveness.
GLTAAC is part of the Institute for Research on Labor, Employment, and the Economy (IRLEE) at the University of Michigan. It manages the Trade Adjustment Assistance for Firms program for companies located in Indiana, Michigan and Ohio.
TAAF (Trade Adjustment Assistance for Firms) is the only federal program specifically designed to help companies that have been negatively impacted by imports. GLTAAC is funded by the Economic Development Administration of the U.S. Department of Commerce. Regional centers across the nation manage the program.
GLTAAC works with a firm to make sure they qualify for the TAAF program. More information about qualifying can be found here.
GLTAAC will compile the actual application (called a Petition) from information provided by the firm. Once approved for the program, a GLTAAC Project Manager works directly with the company to assess the business and develop a recovery plan. The plan summarizes the company’s strengths and weaknesses. It then identifies and defines specific projects to improve competitiveness.
With its plan in place, the firm implements its projects with GLTAAC assisting with half the cost of projects. Companies have up to five years to complete the program. However, program support can sometimes be used at a faster pace of three years.
- Phase 1: The Application Process is free
- Phase 2: The Assessment Process – 75% of the costs in this phase are covered by the Economic Development Administration. Typically, firms pay $1,000 – $4,000 to complete the business assessment phase.
- Phase 3: Implementation – Companies cover 50% of the cost to implement projects.