ReVamp is a technical assistance program that provides individual companies free strategic planning as well as up to $20,000 in implementation grant funding. ReVamp is open to motorsports teams and component manufacturers with five or more employees. Preference will be given to teams and manufacturers whose workforce or revenue will be impacted by the shift to the Next Gen Race Car.
ReVamp has four key components:
- Industry Expansion Solutions at NCSU (IES) staff will work with participating teams or manufacturers through an assessment process that includes a SWOT analysis and a Competitiveness Review at no cost (a $5,800 value to the company).
- The team or manufacturer must be willing to implement some of those next steps. Possible steps could include the development of new websites, pursuing quality certifications, or even lean training for staff.
- Waste Reduction Partners staff provide each participating company a free waste and energy assessment (a $500 value to the company).
- IES follows up with each manufacturer to assess the economic impact of having gone through the program.
Iredell County and the Town of Mooresville are providing dollar-for-dollar implementation grants up to $20,000. Grant funding can be used to implement recommendations made by IES as a result of the initial assessment process. To determine if your company qualifies for the technical assistance grant, click here.
Want to participate in ReVamp? Download your application here. Questions? Contact Matthew Pierce, Matthew@iredelledc.com or 704-799-5869.