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WASHINGTON – The Walmart Foundation's Manufacturing Innovation Fund has awarded almost US$3 million to six universities to support their work focused on innovations in textile manufacturing. The fund focuses on the development of domestic manufacturing with a goal of making it, "more feasible, sustainable and competitive to make consumer goods in the US." The Innovation Fund has now provided a total of US$10 million in grants since launching in 2014 and this is the third and final round of grants it will award.

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