The $10-million Utah Manufacturing Modernization grant incentivizes Utah businesses to modernize, establish, relocate, retain, or develop manufacturing in the state. Its goal is to modernize manufacturing, increase supply chain resilience, and decrease American dependence on foreign manufacturing in Utah.
Businesses interested in applying for a manufacturing modernization grant must:
- Be registered with the Utah Division of Corporations.
- Have a physical location in the state.
- Propose a project that will establish, relocate, retain, or develop the manufacturing industry in the state.
- Demonstrate their ability to partially fund the project with existing or external funding sources.