To help Utah’s manufacturing industry, the state has designated $10 million for a new Manufacturing Modernization Grant. The program incentivizes Utah businesses to modernize, establish, relocate, retain, or develop manufacturing in the state. The grant aims to update Utah companies’ manufacturing, increase supply chain resilience, and lessen American dependence on foreign manufacturing.
The Utah Manufacturing Modernization Grant, managed by the Governor’s Office of Economic Opportunity (Go Utah), begins accepting applications on June 1, 2022, at 9 a.m. (MDT).
“We’re very excited to be able to offer this grant to our Utah businesses,” said Dan Hemmert, executive director of the Governor’s Office of Economic Opportunity. “Supply chain issues have been a problem for the past few years, and we hope this grant will help Utahns increase the supply chain in our state. We encourage all businesses who qualify to apply.”
To qualify for the grant, the manufacturing modernization project must be located in Utah, and the company must contribute to the project’s cost.
The state’s looking for manufacturing modernization projects that:
- Will establish, relocate, retain, or develop the manufacturing industry in Utah
- Increase supply chain resilience and lessen dependence on overseas manufacturing
- Have additional funding sources or existing or planned partnerships to benefit the project
- Are aligned with a Utah targeted industry
- Have fewer than 250 full-time employees
The Utah Manufacturing Modernization Grant funding opportunity opens at 9 a.m. on June 1, 2022.
To learn more about eligibility, required documentation, additional program details, and submit applications, click here.