Manufacturing 4.0 Technology Investment Program
Innovative Technology Infrastructure Grants
Accelerating Manufacturing Technology
The Manufacturing 4.0 Technology Investment Program provides grants that assist small- and mid-sized enterprises with the adoption and integration of smart technologies into existing operations in the state.
Two types of grants are offered through this program:
Manufacturing Innovation Equipment Grants- Up to $50,000 grants aimed at helping manufacturers increase productivity, efficiency and competitiveness. Eligible projects include:
- 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- Up to $25,000 for the purchase of specialized hardware or software in the Industry 4.0 technology groups. Eligible projects include:
- 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
Total Funded IIoT Infrastructure Investment Grant Awards as of November 2022
Companies can apply for a combined amount of $75,000 between the two grants over the lifetime of the business and a 1:1 match is required for each grant submitted. Prior to applying, an Industry 4.0 assessment provided by the Center for Industrial Research and Service (CIRAS) will be required and must be submitted with the application. For more information about the assessment, please visit ciras.iastate.edu/industry4-0.
To be eligible for the grants, Iowa manufacturers must:
- Be incorporated or authorized to do business in Iowa
- Employ a minimum of 3 and fewer than 150 full-time employees across all locations
- Designate with NAICS codes falling between 31-33 (used in the Manufacturing 4.0 report)
- Derive a minimum of 51% of their revenue from the sale of manufactured goods
- Have been operating for at least three years
How Do I Apply?
- Applications will be accepted on a rolling basis beginning on March 1, 2023, until funds are depleted.
- Visit iowagrants.gov for application instruction and to apply for funds. (For assistance with login, go to this link or contact the iowagrants.gov program manager at email@example.com.)