Thursday | June 11th, 2020
Dear, Indiana WBE friends
The state of Indiana is providing additional COVID-19 relief to Women-Owned and Minority-Owned small businesses!
Small Business Restart Fund: Online applications will open June 3
$25 million will be awarded to eligible small businesses
$5 million will be awarded to certified minority and women-owned businesses
Manufacturing Economic Activity Stabilization and Enhancement Act (EASE):
Smart & Advanced Manufacturing (SAM) Focus Fund – will make seed and early-stage investments and provide entrepreneurship resources to Indiana manufacturing-focused startups
Manufacturing Readiness Grants – will provide matching grants of up to $200,000 to companies committing to modernizing their operations or integrating smart technologies and processes in order to improve capacity, speed, and quality or to companies investing in health care manufacturing technology, providing financial assistance to manufacturers supporting critical COVID-19 response efforts. Applications open in July; and
Smart Manufacturing Studio Lab – which will provide lab space and access to state-of-the-art smart manufacturing equipment, enabling businesses to train employees, validate technologies for their business models, and conduct third-party pilot manufacturing.
Indiana’s Back on Track website – https://www.backontrack.in.gov/
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