The City of El Paso International Airport and the Economic and International Development Department have partnered with the Aerospace Center and the W.M. Keck Center for 3D Innovation at UTEP to offer manufacturing workspace and support to early stage, new or existing manufacturing technology businesses targeting the aerospace, defense or other advanced manufacturing markets.
The City will offer funds to offset 100 percent of the rent and operational costs associated with manufacturing technology businesses looking to start or relocate their company to El Paso’s Innovation Factory on Airport property.
“The City’s strategy to grow existing and attract new target industries, including advanced manufacturing and international development creates an innovation-driven culture of technology that promotes economic growth,” said Economic Development Director Elizabeth Triggs. “This partnership with UTEP also creates high-paying career pathways for our region.”
Located in the Airport’s Cargo Facility, the 30,000-square-foot Innovation Factory known as El Paso Makes, offers startup businesses an opportunity to:
- Collaborate with other manufacturers and Research and Design teams
- Access the infrastructure necessary to successfully compete for aerospace and defense contracts
- Obtain the needed incubation and acceleration services needed to move into the commercialization of their product
Recently, the El Paso City Council allocated $3 million in local American Rescue Plan funding to provide a mechanism to offset costs associated with future tenants’ wanting to (re)locate to the Innovation Factory.
Small businesses are invited to apply here at www.InnovationELP.com.
Applications are due by 5 p.m. (MST) Friday, March 3, 2023.
For more information visit www.ElPasoTexas.gov under the Economic & International Development tab.