GENEDGE Annual Report 2020

GENEDGE ANNUAL REPORT

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A Message From Our Executive Director

FY 2020 was a challenging time for the world, and continues to stretch our economies, devastate families, shutdown entire sectors of the economy, and remind us how special our life on earth really is. As a solution and services delivery provider to manufacturing, engineering, and R & D technology sectors of Virginia, all of which were designated as essential businesses, GENEDGE continued to operate throughout the pandemic to support the rapidly changing needs of our clients. We continued to fully engage, focusing first on supporting companies to safely operate. Our second focus was helping the Commonwealth respond to the shortage in PPE, by supporting companies in Virginia as they shifted production to Personal Protective Equipment (PPE). GENEDGE worked with the Governors’ PPE Task Force, led by the Department of Public Safety & Homeland Security, to help over two dozen companies across Virginia establish operations, apply for and obtain FDA emergency use authorizations to legally sell their products. GENEDGE also created a microsite (https:// supplychain.genedge.org/) where over 145 companies are registered to trade in PPE products and components, and provides a resource database, including a handbook for manufacturers ( https://supplychain.genedge.org/covid-19- resources) on how to get into the PPE manufacturing business. As the pandemic taught us about the risks associated with offshore supply chains, the national perspective has shifted to assure that we have a resilient supply chain for critical items. GENEDGE was very pleased to have the support of Senator Kaine, who led the appropriation of CARES Act funding for the Manufacturing Extension Program, where GENEDGE as the Commonwealth’s MEP affiliate, received a $873,000 grant. We have used this funding to seed the first ever GO Virginia statewide program- GO Virginia Retooling Virginia

Manufacturers for Strategic Industries - which is retooling Virginia manufacturers for critical industries. This is allowing GENEDGE to help 25 companies become permanent providers of FDA approved PPE. The second phase, which will start in the summer of CY 2021, will pivot 25 existing Virginia companies to support reshoring of products and materials for strategic industrial supply chains. GENEDGE is fortunate to team with the Virginia Hospital and Healthcare Association, the Virginia Manufacturers Association, and the Virginia Economic Development Partnership to determine relevant products and sectors where Virginia production capacity can align with Commonwealth needs and goals. As we close out this challenging year, I thank the Governor’s Office, General Assembly, our Trustees, employees, partners, third-party service providers, and our clients for your trust in GENEDGE. As we look towards the future, we will continue to be flexible in our thinking and adapt our operations as needed. I am extremely proud of our team and how they continue to work hard on behalf of manufacturing and industry in the Commonwealth, especially for those affected by COVID-19.

Bill Donohue President & Executive Director

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