(a) to assist industrial firms with the introduction of improved management and labor practices and production processes in order to enhance their productivity and competitiveness;
(b) to aid in the development of new markets and ownership structures in order to improve the long-term viability of industrial firms;
(c) to identify and assist industrial firms that are, or are likely to be, in severe financial difficulty;
(d) to develop strategies for mobilizing state and community resources to respond to the needs of distressed industrial firms and to manufacturing plant closings and partial closings; and
(e) to assist industrial firms in obtaining financing from publicly sponsored financing assistance programs and from private lending institutions.