Massachusetts will serve as the national center for the nation’s first Revolutionary Fiber and Textile Manufacturing Innovation Institute, according to an announcement from Gov. Charlie Baker.

Advanced Functional Fabrics of America (AFFOA), an independent nonprofit founded by the Massachusetts Institute of Technology (MIT), has been selected to run a new, $317 million public-private partnership. The project is part of the federal advanced manufacturing initiative National Network for Manufacturing Innovation (NNMI). Project participants include MIT, the University of Massachusetts, Quinsigamond Community College and fiber and textile industry partners throughout the commonwealth.

The Baker-Polito Administration has pledged $40 million in matching funds to support capital projects at the Manufacturing Innovation Institute.

The Executive Office of Housing and Economic Development aims to work closely with AFFOA’s academic and industry members to ensure that current and future investments support the federal investment, and that the center’s expertise is made available to industries throughout the state.

“Massachusetts’s innovation ecosystem is reshaping the way that people interact with the world around them,” Baker said in a statement. “This manufacturing innovation institute will be the national leader in developing and commercializing textiles with extraordinary properties. It will extend our ongoing efforts to nurture emerging industries, and grow them to scale in Massachusetts to an exciting new field. And it will serve as a vital piece of innovation infrastructure, to support the development of the next generation of manufacturing technology and the development of a highly-skilled workforce.”