The state of Utah has designated $10 million for a new Manufacturing Modernization Grant. The grant aims to update Utah companies’ manufacturing, increase supply chain resistance and lessen American dependence on foreign manufacturing, according to a release from the Governor’s Office of Economic Opportunity (Go Utah).
The Utah Manufacturing Modernization Grant, managed by Go Utah, began accepting applications on June 1.{mprestriction ids="1,3"}
“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 is 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; be aligned with a Utah-targeted industry; and have fewer than 250 full-time employees.
Details about eligibility, required documentation and additional program application procedure are available at business.utah.gov/manufacturing-modernization-grant.{/mprestriction}
