Wal-Mart Pledges $10 Million in Innovation Funding for US Manufacturing

January 24, 2014 02:39 PM EST By: Jennifer Rocha

Announcement was made by Wal-Mart CEO Bill Simon during the US Conference of Mayors in DC this month.

The five-year, $10 million Wal-Mart innovation funding program will be coordinated with the US Conference of Mayors and officially launch in March 2014.  According to the release, the Wal-Mart Manufacturing Innovation Fund seeks to “create new processes, ideas and jobs that support America’s growing manufacturing footprint.”

 

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