Applying for the Manufacturing 4.0 Program
Tips, Best Practices and Questions Answered
On August 7th, Governor Wes Moore announced a new round of funding for the Manufacturing 4.0 Grant Program. 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. (VIEW PRESS RELEASE)
In support of this initiative, RMI and Maryland MEP will assist the manufacturing community through the application process.
Awarded grants will cover 75% of project costs for small manufacturers and 50% of project costs for mid-sized manufacturers with 51-250 employees, with a minimum grant of $25,000 and a maximum grant of $500,000. Projects must clearly demonstrate a tie to Industry 4.0, and a long term strategy for Industry 4.0 adoption.
Examples of qualified projects and investments include:
- Big Data & Analytics
- Robots and autonomous equipment
- Implementation of Industrial Internet of Things technologies
- Adoption of additive manufacturing
- Systems integration projects
- Virtual and Augmented Reality
- Employee training and/or consulting costs associated with the implementation of the new systems/technologies/equipment
The previous round of funding provided 23 businesses with a total
of nearly $1 million to modernize their operations!
Join RMI, Maryland MEP and our partners for an informational webinar.
We will share insights, best practices and answer as many questions as we can in an effort to help you put forth a strong application.
We have invited special guests, Delegate Lily Qi and David Minges, M4 Grant Program Manage at the Maryland Department of Commerce, to provide an overview of the program and eligibility requirements. Mike Galiazzo, President of RMI, and Mike Kelleher, Executive Director of the Maryland MEP, will provide further insights and answer questions.
IN PARTNERSHIP WITH:
DATE & TIME:
- Thursday, August 24, 2023
- 10:30 – 11:30 AM
- ZOOM Webinar
- There is no cost to attend this webinar, but you must register via the link below.
For questions regarding this webinar, please contact: