APPLY FOR UP TO

$500,000 in Grants

IOWA will be investing a total of $30 million in grant program opportunities, using federal funds through the American Rescues Plan Act (ARPA), to assist small and medium-sized manufacturing businesses to improve workforce innovation.

Iowa Manufacturers

Are you interested in AUTOMATION?
Do you need to replace outdated MACHINE TOOLS
but you don’t think you can afford it?
You CAN now!

MEDIUM SIZED
MANUFACTURERS

Manufacturing 4.0 Innovations Equipment Grants

  • Eligible applicants: Iowa Manufacturers employing 76 – 250 full-time employees

  • Apply for grants from $75,000 to $500,000

  • Application deadline – 12/31/21

  • Award announcement date – 02/28/22

  • More eligibility requirements below

SMALL
& MEDIUM SIZED
MANUFACTURERS

Manufacturing 4.0 Innovations Equipment Grants

  • Eligible applicants: Iowa manufacturers employing 3 to fewer than 75 full-time employees across all locations

  • Award amount up to $75,000 

  • Application deadline – NONE. Grants will be scored competitively until funds are depleted. 

Eligible companies can apply for grants to purchase specialized equipment aimed at helping manufacturers increase productivity, efficiency, and competitiveness such as:

Machinery acquisition.
Specialized equipment for automation, such as collaborative robotics.
Advanced and autonomous robotics.
Equipment for process improvements.  

GRANT REQUIREMENTS FOR THE $75,000 - $500,000 OPPORTUNITIES

  • 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 mush 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. 

  • For more information about the assessment, please visit ciras.iastate.edu/industry4-0/

 

ELIGIBILITY

  • Iowa manufactures 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 a least three years.