Wisconsin Economic Development Corp., Milwaukee 7 and Wisconsin Manufacturing Extension Partnership say the program, called the Transformational Productivity Initiative, will identify factors that limit productivity growth and then work with companies to solve those problems.
The WEDC has awarded Milwaukee 7 a $190,000 matching grant to implement the program, and between five and 10 companies are being sought for a two-year trial period.
The initiative comes as the average growth rate of productivity in the United States in recent years has fallen to 1.7%, well below the long-term average of 3.2%, according to the WEDC.