Smart Tech Grants
Attention Indiana Manufacturers
Manufacturing Readiness Grant
The opportunity to apply for a Manufacturing Readiness Grant (MRG) is again open to Indiana manufacturers looking to make innovative capital investments in smart technologies and processes that will improve capacity, productivity and competitiveness.
Interested manufacturers must be planning to make capital investment in the form of smartmanufacturing technologies and processes within their Indiana operation. Small-and medium-sized manufacturers (<500 employees) are heavily favored but no size limitations exist.
Eligibility
Companies can apply for grant values up to 50% of their tech-enabled capital investment or$200,000, whichever is fewer. It is common for applications to receive partial awards. Grants are awarded as reimbursements for investment in eligible capital equipment. Strong applications offer a detailed description for how the applicant is undertaking an initiative that will be innovative and transformative relative to current operating conditions.
In 2023, MRG awards resulted in 80% of awardees achieving productivity gains, 53% captured new customers, and 82% automated previously manual processes due to the capital investment made possible through the grant.
Purdue MEP knows you are busy, and we can assist you with putting together your MRG application. If you are interested in this service, please contact us at mepsupport@purdue.edu.
