Grant from Maryland Manufacturing 4.0
The Maryland Manufacturing 4.0 grant program provides grants to small and mid-sized Maryland manufacturers to invest in Industry 4.0-related technologies, machinery and robotics, and digital business practices in order to remain competitive and drive growth. 20% of the funds will be reserved for small manufacturers with 3-50 employees.
- Grants of $25,000-$500,000 will be made available to manufacturers to adopt new technologies, machinery and robotics, and digital business practices in order to remain competitive and drive growth.
- Grant awards will vary based on the applicant’s total investment, and the applicant must demonstrate matching funds as follows:
- 3-50 employees – 25% match requirement (grants up to 75% of total project costs)
- 51-250 employees – 50% match requirement (grants up to 50% of total project costs)
https://commerce.maryland.gov/fund/maryland-manufacturing-4-0
