The $10 million Utah Manufacturing Modernization Grant incentivizes Utah businesses to modernize, establish, relocate, retain, or develop manufacturing in the state.
Donor Name: Utah Governor’s Office of Economic Opportunity
State: Utah
County: All Counties
Type of Grant: Grant
Deadline (mm/dd/yyyy): 06/30/2022
Details:
Its goal is to modernize Utah companies’ manufacturing, increase supply chain resistance, and lessen American dependence on foreign manufacturing.
Funding Information
Amount: $10 million
Applicant Requirements
- The project must be in Utah
- The company must contribute to the cost of the project
Preference is given to Utah businesses that:
- Submit a complete application
- Verify that the proposed project will establish, relocate, retain, or develop the manufacturing industry in the state; it will also increase supply chain resilience and lessen dependence on overseas manufacturing
- Have additional funding sources or existing or planned partnerships to benefit the proposal
- Can prove that the project and company are viable and sustainable
- Identify clear metrics used to measure success
- Have sound organizational and project budgets
- Are aligned with a Utah targeted industry
- Have fewer than 250 full-time employees
- Provide a higher cost share of the project
For more information, visit Utah Governor’s Office of Economic Opportunity.