MANUFACTURING 4.0 GRANT PROGRAMS Manufacturing Innovation Equipment Grants
EXAMPLES
Machinery acquisition, such as a 3D printer
Specialized equipment for automation, such as collaborative robotics
Advanced and autonomous robotics
Equipment for process improvements
Manufacturing Industrial Internet of Things (IIoT) Infrastructure Investment Grants
EXAMPLES
IIoT infrastructure hardware, such as enhanced server equipment to enable more cloud computing
Cybersecurity software
Predictive maintenance software
Sensor integration into industrial tools and shop floor machinery to determine wear or flaws
Industrial wearable technology integration to prevent injury
Data analytics software/engineering
Data visualization software
Augmented reality equipment
Sensor-driven transmission of real-time information from factory-floor to customers or suppliers
Radio Frequency Identification (RFID) tagging software and equipment to track inventory
Applicants can apply for one or both grants - the lifetime maximum amount of awards to a single applicant is $75,000.
GRANT REQUIREMENTS
Match ratio – A minimum 1:1 matching grant ratio is required for both programs. The match must be in the form of cash. Financial support must be provided from a private source.
Manufacturing 4.0 Assessment – Manufacturers will be required to undergo an assessment by the Center for Industrial Research and Service (CIRAS) to develop a plan for their investment in advance of submitting a grant application. CIRAS is offering these assessments to help manufacturers identify the opportunities and risks associated with Industry 4.0 implementations in their business. A CIRAS assessment can take place at any time in advance of the grant application.
For more information about the assessment, please visit ciras.iastate.edu/industry4-0/.
ELIGIBILITY
Small- and medium-sized manufacturers (SMEs) with a minimum of three employees and fewer than 150 full-time employees across all locations
Iowa manufacturers with NAICS codes 31-33, used in the Manufacturing 4.0 report
A minimum of 51% of applicant’s revenue must be derived from the sale of manufactured goods
Applicants must have been in operation for at least three years
APPLICATION PROCESS
Applications will be accepted on a rolling basis and scored competitively until funds are depleted.
IEDA staff will review applications and may utilize the assistance of a technical review panel for subject matter expertise to review an application.
Grants will be awarded on a reimbursement basis – no investment can be made prior to the date of the application.
Grant agreements last one year from the date of award, providing recipients one year to purchase equipment or software, place it in service and seek reimbursement.
