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Manufacturing Readiness Grants (Indiana) is a grant from the Indiana Economic Development Corporation (IEDC) that funds Indiana manufacturers investing in smart manufacturing technologies, modernization initiatives, and capacity improvements. The program helps Indiana companies adopt cutting-edge equipment, automation, and digital technologies to strengthen their global competitiveness.
Eligible applicants are Indiana-based manufacturers undertaking qualifying investments in smart manufacturing technology integration. Awards are available up to $200,000 per applicant with a 1:1 matching requirement, meaning recipients must commit equal private investment alongside the grant. No current application deadline is listed; interested manufacturers should contact IEDC directly for program cycle details.
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Search for information on the IEDC website: Economic Activity Stabilization and Enhancement (EASE) Downloads & Additional Materials Central Indiana Corporate Partnership Michiana (North Central Indiana) Partnership Muncie-Delaware County Economic Development Alliance Northeast Indiana Regional Partnership Northwest Indiana Regional Development Authority Southwest Indiana Economic Development Coalition Video: Indiana Regional Cities Press Conference West Central Indiana Economic Development District In response to the global COVID-19 pandemic, the Indiana Economic Development Corporation (IEDC) board of directors approved $10 million to launch the Economic Activity Stabilization and Enhancement (EASE) program aimed at supporting technology and operational advancements in Indiana’s manufacturing industry, which has long been a key driver of the state’s economy.
EASE, which encompasses three complimentary initiatives, is designed to stimulate manufacturing investments that will position Hoosier operations, and the sector overall, for future growth by prioritizing startup investment and resources, technology modernization and development, and training assistance.
SMART & ADVANCED MANUFACTURING (SAM) FOCUS FUND Managed by Elevate Ventures, the state’s venture development partner, this fund will make seed and early-stage investments and provide entrepreneurship resources to manufacturing-focused startups. Investments will focus on companies developing or integrating smart technologies such as 3D printing, data analytics and augmented or virtual reality.
The fund will also identify and encourage IP-to-commercialization opportunities in the manufacturing sector. Total Funding: $3 million Investment: Up to $500,000 (Minimum 1:1 co-investment) Program Contact: Nicholas Kuhn (Vice President of HardTech, Elevate Ventures) - 317. 252.
0258 nkuhn@elevateventures. com MANUFACTURING READINESS GRANTS In partnership with Conexus Indiana, a nonprofit-branded initiative of the Central Indiana Corporate Partnership (CICP), the state will provide matching grants to companies committing to modernizing their operations or integrating smart technologies and processes in order to improve capacity, speed and quality.
The funding may also be utilized for health care manufacturing technology, providing financial assistance to manufacturers supporting COVID-19 response efforts. Total Funding: $4 million Investment: Up to $200,000 (Minimum 1:1 matching basis) Application: https://www. conexusindiana.
com/manufacturing-readiness-grants/ SMART MANUFACTURING STUDIO LAB This planned Smart Manufacturing Studio Lab will provide lab space and access to state-of-the-art smart manufacturing equipment, allowing companies to train employees, validate technologies for their business models and conduct third-party pilot manufacturing.
The IEDC will partner with industry stakeholders to develop a project scope for the lab, mapping out next steps and a plan to source and supply the equipment. Total Funding: $3 million PROJECT INFORMATION MANAGEMENT NewCold Plans Third Major Expansion in Lebanon, Growing Investment to $800M+ LEBANON, Ind. (Feb.
27, 2026) – Indiana Governor Mike Braun today announced that NewCold, ... South Korea-Based Manufacturer Picks Indiana for First U.S. Operation, 300+ New Jobs New factory will accelerate rural revitalization and economic growth in Huntington, power the sta... TaylorMade Golf Plans Multi-Million-Dollar Expansion in Southwest Indiana EVANSVILLE, Ind.
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Based on current listing details, eligibility includes: Indiana manufacturers investing in smart manufacturing technologies. Program supports modernization, smart technology integration, and capacity improvements. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Up to $200,000 per applicant with 1:1 matching requirement Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.