Right now, small manufacturers across the Upper Peninsula are looking to become better through technology. The Michigan Economic Development Corporation is looking to give businesses a technological boost through Industry 4.0 Technology Implementation Grants. Small manufacturers, defined by North American Industry Classification System code and recognized by the Small Business Administration, can earn up to $25,000 for technological investments of at least $50,000.
“Manufacturing moves at a fast pace, and there are a lot of competitors out there,” said Jenn Deamud, executive director of the Manufacturing Growth Alliance. “Industry 4.0 helps manufacturers streamline their processes and produce more at a faster pace.” Applications are open now. Read more here.