Manufacturing Readiness Grant

Join Mitch Landess, Vice President of Innovation and Digital Transformation, to learn about the Manufacturing Readiness Grant program. 

Administered by the Indiana Economic Development Corp.(IEDC) in partnership with Conexus Indiana, a pool of $4 million is now available to Indiana companies in the form of matching grants, encouraging operational investments for:

• modernizing operations by integrating smart technologies and processes in order to improve capacity and efficiencies
• investing in health care manufacturing technology to support critical COVID-19 response efforts.

Indiana startups, small businesses, entrepreneurs and manufacturers investing in these activities may apply for a matching grant up to or equal to the amount of the qualified investment in new equipment and machinery (minimum 1:1 investment match). Funding will be awarded up to $200,000 per company, but matching grants may exceed that threshold for significant projects that will support COVID-19 response efforts, such as the manufacturing of critical personal protective equipment (PPE), testing supplies or vaccines.

To be eligible, applicants must be registered to do business in Indiana with the Secretary of State?s Office and have plans to purchase smart manufacturing or health care manufacturing technology and equipment that will be located and utilized in Indiana. Applicants do not need to be headquartered in Indiana, but grants will be prioritized for companies that maintain their primary operations in Indiana. Applications will be evaluated based on the project?s overall expected impact on the company?s operations (i.e. percentage of resulting smart manufacturing operations); its workforce, training and wage increases; new Hoosier jobs; and the state?s manufacturing capabilities.Click Here for  GRANT FAQs.

Indiana companies are encouraged to submit applications online. Interested companies are encouraged to apply as soon as possible due to high demand.

This will take place via Zoom. Once you registered, Zoom credentials will be emailed to you with your event registration confirmation.