Connecticut manufacturers and allied service providers with 3–299 employees can get a 50% matching grant of up to $50,000 to adopt Industry 4.0 and digital tools: IIoT, model-based engineering, smart factory infrastructure, automation and AI/data-driven software. Projects must be at least $5,000, and a CCAT engineer consult is required.
IVP helps Connecticut supply chain companies adopt Industry 4.0 and digital transformation technologies. Examples are Industrial IoT, model-based enterprise and engineering, cyber-physical systems and smart factory infrastructure, intelligent automation, and AI or data-driven manufacturing software. It provides matching grants up to $50,000, covering 50% of total project cost up to a $50,000 lifetime total. Projects must be at least $5,000, and a consult with a CCAT engineer is required before applying. The program is listed as active.
Must be a CT Manufacturer or Allied Service Provider
Proposals must incorporate eligible technologies (IIoT, MBE, MBE/D, cyber-physical systems/smart factory, AI and data-driven decision software)
Consult with a CCAT engineer required before applying (Consult Request Form IVPF33)
Registered with the Secretary of State for at least 3 years and generating manufacturing revenue
Manufacturing facility in Connecticut or relocating manufacturing operations to CT
More than half of revenue from the sale of goods manufactured or allied services to manufacturers
At least 3 full-time employees and fewer than 300 employees
Proposed project value of at least $5,000; must not have committed to the project before applying
Good standing with CT Department of Revenue Services and CT Department of Labor
Additive technology, working capital, training, real estate and construction are ineligible
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Money can be used for
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