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Grants - Federal and State grants available

Automotive Supplier Diversification Grant

Program:

  • The grant program provides selected and eligible manufacturers with ideas and guidance for transitioning their operations to manufacture components for the electric vehicle (EV) and/or clean energy markets
  • These insights come in the form of a new Small Supplier Electric Vehicle Transition Playbook to create practical action plans for their businesses
  • The program currently has openings for 5 to 7 manufacturing companies to receive no-cost consulting and guidance

Value:

  • Participating in this pilot will give companies preferential status to apply for a Department of Energy implementation matching grant of up to $300,000 per project

Notable Conditions:

  • Small to medium size enterprises – under 1,000 employees with an annual revenue of less than $500 million
  • Tier 1, 2 and 3 suppliers to the automotive industry
  • Production facilities located in Indiana

Beneficiaries:

  • Indiana Manufacturers Supplying the Automotive Industry