The 2022 Utah State Legislature created a $10 million Utah Manufacturing Modernization Grant program to incentivize Utah businesses to modernize, establish, relocate, retain, or develop manufacturing in the state. The grant aims to update Utah companies’ manufacturing, increase supply chain resistance, and lessen American dependence on foreign manufacturing. To learn more, visit Go Utah Manufacturing Modernization Grant program.
To qualify for the grant, the manufacturing modernization project must be located in Utah, and the company must contribute to the project’s cost.
Go Utah is administering the grant program and is looking for manufacturing modernization projects which:
- Establish, relocate, retain, or develop the manufacturing industry in the state; it will also increase supply chain resilience and lessen dependence on overseas manufacturing.
- Company does not need to be headquartered in Utah, but the project must be located in Utah
- Include company investment or partnerships, but there are no specific match requirements.
- Evaluation will be on the level of company investment and or partnerships, which leverage the state investment
- Are aligned with the 5 Utah targeted industries
- Advanced Manufacturing
- Aerospace and Defense
- Life Sciences and Health Care
- Financial Services
- Software and IT
Other grant criteria requirements are:
- An explanation of the market for the project:
- How does it address the establishment, relocate, retain, or develop the manufacturing industry in Utah and increase supply chain resiliency
- UAMMI can provide assistance with the Reshoring Initiative Total Cost of Ownership Estimator tool to quantify compare manufacturing in U.S. versus other countries. Contact David Beckerman at Dbeckerman@UAMMI.org for more information.
- Preference for companies with fewer than 250 full-time employees have a preference, but all size companies may apply
- Proposal must prove that the project and company are viable and sustainable, meaning financial statements will be required
- Definition and provision of clear metrics to measure success
- Inclusion a sound organizational plan and project budget
Proposals will be evaluated on:
- Overall benefits to national security and U.S. industry
- Company investment or partnerships to match state grant
- Viability of proposed project
- Soundness of project plan, budget, and company’s financial position to execute the project
- The funding opportunity opens at 9 a.m. on June 1, 2022. A closing date has not been set.
- There is no cap as to the amount of the individual grants, however the total program funding is $10 million
- Apply through Go Utah application portal
- If you already have login credentials from a previous grant application, you can access the Go Utah Portal by clicking the Apply Now button once the portal opens on June 1.
- If you’re new to Go Utah grant programs, please complete the New Portal User Request to receive login credentials. Chose “Other” since this program has not been added yet. This process takes about one business day.
An informational PodCast on three new grant programs for Manufacturers will be held in June:
- Manufacturing Modernization Grant Program, Lance Soffe, Targeted Industry, Go Utah
- Automation Grant Program, Win Jeanfreau, iMpact Utah/ Utah-MEP Alliance
- State Small Business Credit Initiative (SSBCI), Alecia Holmes, Go Utah
For questions about the program, please contact Dr. Tulinda Larsen, executive director of UAMMI, at tlarsen@UAMMI.org.