- Who qualifies for this kind of assistance?
- How long must I have been in business to apply for this assistance?
- What types of projects are covered?
- What types of projects are not covered?
- What is a diagnostic visit?
- How much will this cost me?
- Who determines which consultant will perform the work?
- We have a consultant with whom we’ve worked in the past. Can we continue to use them?
- How long do I have to spend the money?
- The 50/50 cost-share is nice, but what if I can’t afford 50 percent?
- How long does it take to receive Trade Adjustment Assistance funds?
- I can’t prove imports have been affecting my company. Can I still apply?
- I’m providing a lot of sensitive information. Who else might see this?
Declines in employment in the most recent 12-month period compared to the preceding 12 months or anticipating a reduction.
A decline in total net sales or production in the most recent 12-month period compared to the preceding 12 months.
Effects of Imports
Increases of imports have attributed significantly to the total net loss of sales in the most recent 12-month period or 6-month interim period as demonstrated by:
Customers reducing their purchases in favor of imported products.
Quotations or bids that were lost in favor of imported products.
|Cost Accounting Systems Start-Up||New Product Development|
|Custom Programming||Packaging Design and Development|
|Electronic Data Interchange (EDI)||Plant Layout and Redesign|
|Employee Training||Process Engineering|
|Energy Efficiency Improvement||Product Design and Development|
|Executive Recruitment||Product Profitability Plans|
|Export Assistance||Production Planning Control|
|Financial Planning and Restructuring||Re-engineering|
|Hardware/Software Evaluation and Recommendation||Sales Organization Development|
|Integrated Accounting/ Management Software||Software Installation, Start-up and Training|
|Integrated Manufacturing Systems||Statistical Process Control|
|Lead Generation||Strategic Planning|
|Lean Manufacturing||System Conversions and Enhancements|
|Machine Prototype Design and Development||Total Quality Management|
|Management Review and Succession Planning||Web Site Development and E-commerce|
|Marketing Consulting||…and Many More|
- Reimbursement for any past expenses
- Advertising printing/production
- Capital equipment purchases
- Computer Software: Software Modules, Software Licenses
- Current employees
- General Education Training
- Normal expenses
- Non-customized software
What is a diagnostic visit?
It is a site visit in which SETAAC specialists look at the company’s whole operation, ask questions in each functional area, and listen to key management and employees.
How much will this cost me?
Petitioning the government for entry into the TAA program is provided at no charge to companies. The diagnostic visit and report cost firms 25 percent of the actual fee. The federal government pays the remaining 75 percent.
Who determines which consultant will perform the work?
Consultant selection is left to the firm. Project managers cannot suggest, recommend, or participate in the selection of consultants to perform the work.
How long does it take to receive TAA?
The length of time to certify depends on the firm and Washington. The clock effectively begins when all information has been received by the project manager and the petition has been completed and submitted to the committee. The entire process usually is concluded within 90-120 days.
We have a consultant with whom we’ve worked in the past. Can we continue to use them?
Yes. The SETAAC has a database of consultants that have been used in the past and new consultants are added each month. The decision of which consultant is selected is left to the company.
How long do I have to spend the money?
Firms who participate in the TAA program can be in the program for up to five years or until they have spent their approved funds.
The 50/50 cost-share is nice, but what if I can’t afford 50 percent?
A separate cost-share is available for very small firms. This alternative cost-share limits the government funds to $22,500 and sets the company’s cost-share at 25 percent, which limits the projects to $30,000.
How long does it take to receive Trade Adjustment Assistance funds?
The length of time to certify depends on the firm and the U.S. Department of Commerce. The clock effectively begins when all information has been received by the project manager and the petition has been completed and submitted. The entire process usually is concluded within 90 to 120 days.
I can’t prove imports have been affecting my company. Can I still apply?
Yes. The TAA authorizing legislation states that firms impacted by products that are directly or likely competitive may petition for this assistance. The burden of proof rests with the TAA Center to conduct the research and make your case to the Department of Commerce during the petitioning process.
I’m providing a lot of sensitive information. Who else might see this?
All communications between a TAA Center and the company are considered privileged and confidential, and are protected by federal statute.
Call us to find out how easy it is to get started!
Tracy Barth at 770.531.4550