Technologies eligible for this grant program include hardware/software related to the following I4.0 categories, and preference will be given to transformative technologies (denoted with a * below):
Additive Manufacturing & Advanced Materials*
Industrial Internet of Things (IoT)
Modeling, Simulation, Visualization & Immersion
Connected Worker Platforms & Wearables
This is a competitive grant program. Companies will need to clearly define which technology will be implemented and establish a timeline, budget and anticipated outcomes of the project.
Grants will be reimbursement-based and will cover up to 50% of actual expenses incurred. Companies are required to cover the remaining cost of the technology project and cannot be combined with any other grant programs or external funding sources. Company match must be cash, not in-kind resources.
Financial awards may not exceed $25,000 per company.
Applications will be accepted on a rolling basis until all funding has been allocated.
The grant application is now open and can be accessed by clicking on the button below. Please contact MEDC with any questions.