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.
Applications will open in 2025. Assessments are required to apply and need to be requested by November 22, 2024.
Grants offered through this program are aimed at helping manufacturers increase productivity, efficiency and competitiveness. They may be used for the purchase of equipment and specialized hardware or software in the Industry 4.0 technology groups. Eligible projects include:
Manufacturing Innovation Equipment
- Machinery acquisition, such as a 3D printer
- Specialized equipment for automation, such as collaborative robotics
- Advanced and autonomous robotics
- Equipment for process improvements
- 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
Companies can apply for up to $75,000 over the lifetime of the business and a 1:1 match is required. 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. The assessment request window is open now until November 22, 2024. For more information about the assessment, please click here.
Who Qualifies?
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 125 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?
Prior to applying, please confirm business is in good standing with the Iowa Department of Revenue. Failure to bring business to good standing prior to completion of application will result in denial.
Manufacturers are also required to complete an assessment with CIRAS and submit that with the application (assessments can be requested until November 22, 2024).
The application will open in 2025.