Maryland Manufacturing 4.0
About 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.
Companies that invest in Industry 4.0 technologies can benefit from increased productivity and sales, cost savings, retention of employees, and more. 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.
People
- David Minges, M4 Program Grant Manager
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