Maryland Manufacturing 4.0 Grant
$25,000 - $500,000
State
Maryland Department of Commerce
This program provides financial support to small and mid-sized manufacturers in Maryland to adopt advanced technologies and improve their business practices, helping them become more competitive and grow.
Description
The Maryland Manufacturing 4.0 grant program offers financial assistance to small and mid-sized Maryland manufacturers investing in Industry 4.0 technologies, machinery, and digital business practices. The program aims to enhance competitiveness and drive growth. Grants cover 75 percent of project costs for small manufacturers (3-50 employees) and 50 percent for mid-sized manufacturers (51-250 employees), with awards ranging from $25,000 to $500,000. Applications are due by 5 PM on August 30, 2024.
Eligibility
States
Maryland
Regions
All
Eligible Entities
Small businesses, For profit organizations other than small businesses
Funding
Timing
Posted Date
July 26, 2024
App Status
Anticipating Next Round
Funder
Funding Source
Source Type
State
Contact Name
David Minges
Contact Email
Contact Phone
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