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Indiana Manufacturing Readiness Grant: 2026 Status

By Grantsights11 min readLast updated October 18, 2026

Quick Answer: Indiana's Manufacturing Readiness Grant (MRG) isn't accepting applications in 2026.

Full answer and how we checked it

Conexus Indiana's page, checked October 18, 2026, still says funding for the last budget cycle was fully claimed by April 21, 2025, and the 2025-27 state budget removed MRG's $20 million-a-year line item, according to Inside Indiana Business. When it was open, IEDC's page listed grants of up to $200,000 on a minimum 1:1 match for smart manufacturing equipment. For money you can apply for now, look at DWD's Employer Training Grant (up to $50,000 a year) and IN-STEP.

Data note: Program status and terms come from Conexus Indiana's Manufacturing Readiness Grants page, IEDC's EASE program page, Indiana Department of Workforce Development and Indiana SBDC pages, all checked October 18, 2026. Budget figures come from Inside Indiana Business and Indianapolis Business Journal reporting (May 16, 2025 and October 14, 2024). This is a state program, so federal award data isn't used here.

In this guide (10 sections)

If you're an Indiana manufacturer planning a robotics, automation or data project, this guide explains where MRG stands, how the program worked, what made applications score well, and which programs are open while it's paused.

Manufacturing Readiness Grant status in October 2026

Grantsights checked 2 official program pages on October 18, 2026, and neither shows an open round. Here's where the program stands, piece by piece:

QuestionAnswer as of October 18, 2026Source
Accepting applications?No. The page says applications received by April 21, 2025 used up the remaining funding for that budget cycleConexus Indiana MRG page (opens in a new tab)
Dedicated state funding?Removed. The 2025-27 budget cut MRG's $20 million-a-year line itemInside Indiana Business, May 16, 2025 (opens in a new tab)
New round announced?None posted by Conexus or IEDCConexus and IEDC pages
How to hear about a reopeningComplete the Conexus interest formConexus Indiana MRG page
Award size when openUp to $200,000 on a minimum 1:1 matchIEDC EASE program page (opens in a new tab)
Totals to date772 grants, $79.8 million awarded, $1.11 billion in project budgets, 85 countiesConexus Indiana MRG page

The Conexus notice told applicants that, if the program kept its support in the next budget, they should apply in early Q3 2025. That next budget is the one that dropped the line item. According to the IBJ report republished by Inside Indiana Business, IEDC spokesperson Erin Sweitzer said lawmakers put some of the agency's money "in a broader bucket" instead of program line items, and that commerce leadership was deciding how to categorize it around Gov. Mike Braun's four priorities: workforce training, support for existing businesses, Main Street entrepreneurship and regional planning.

So the honest answer is that MRG is dormant, not formally ended. Indiana writes its two-year budget in odd-year sessions, and money in that budget becomes available July 1, so a restored line item would most likely show up in the 2027 session. Until Conexus posts a new application window, don't build a purchase timeline around this grant.

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How the Manufacturing Readiness Grant worked when it was open

MRG started in July 2020 with $4 million and grew to $20 million a year, according to IBJ's October 2024 report. IEDC launched it as one of three parts of the $10 million Economic Activity Stabilization and Enhancement (EASE) program, created during the COVID-19 pandemic to push technology adoption in Indiana manufacturing. The General Assembly later extended it with its own appropriation.

Program termWhat the official pages say
AdministratorConexus Indiana, with IEDC and the Next Level Manufacturing Institute
AwardUp to $200,000
MatchMinimum 1:1, so the company covers at least half of the project
Typical award$100,000 to $200,000, per Conexus staff quoted by IBJ in 2024
Eligible applicantA manufacturer making a capital investment in smart manufacturing technology at an Indiana operation
Size limitNone, but manufacturers with fewer than 500 employees were heavily favored
Timing ruleNo reimbursement for spending incurred or committed before the application date
DecisionVolunteer committee score, then IEDC diligence and final decision

Grantsights analysis of Conexus Indiana's posted totals ($79.8 million across 772 grants) puts the average award near $103,000, at the low end of the typical range staff described. The same page reports $1.11 billion in supported project budgets, which is about $13.90 of total project spending for every grant dollar. IBJ's 2024 article gave a similar figure: about $13 in capital spending per grant dollar.

That ratio matters for planning. A grant of $100,000 usually sat inside a project budget well over $1 million, so MRG worked as a nudge on a large purchase rather than as the main source of money.

What MRG paid for: qualifying smart manufacturing projects

According to IBJ's 2024 reporting, 35% of recipient investments went to production automation, 22% to advanced robotics, 8% to 3D printing and 5% to artificial intelligence. Conexus's FAQ sets a high bar for what counts. Projects had to directly change manufacturing processes, buy commercial-ready equipment from established vendors, and go beyond ordinary upgrades.

Technologies Conexus names as strong fits include:

  • Industrial internet of things (IIoT) and sensor systems
  • Collaborative robots (cobots) and autonomous robotics or vehicles
  • Additive manufacturing (3D printing)
  • Big data, analytics, machine learning and AI
  • Digital twins and advanced modeling
  • Augmented, virtual or mixed reality
  • Cloud computing, cybersecurity and advanced communications such as 5G

What didn't count: Conexus says standard automation, more capacity, tighter tolerances, better fabrication techniques or other incremental improvements common in your sector weren't enough. A new CNC machine that does the same job faster was a weak fit. A cobot that feeds that CNC machine and reports cycle data was a strong one.

Real Manufacturing Readiness Grant recipients

Conexus publishes a recipient map and case studies, and IBJ has profiled several companies. Three examples with official or news sources:

  • Poolguard, North Vernon. For example, Poolguard received a $56,250 Manufacturing Readiness Grant and used it to move a tedious manual job to surface-mount technology after pandemic demand for its pool alarms jumped, according to Conexus's case study.
  • Standard Integrated Solutions, Winamac. The company bought its first cobot to load and unload parts from its CNC press brakes, removing a bottleneck in its air bending process, per Conexus.
  • Hoosier Crane, Elkhart. One company in Elkhart with about 110 employees, Hoosier Crane, used an MRG award to help buy a robotic plasma cutter for a facility expansion, IBJ reported in October 2024.

Conexus's map also lists recipients such as Market Square Popcorn Company in Hamilton County, Frankfort Plastics in Clinton County and Kirby Risk Corporation in Tippecanoe County. The mix shows the program wasn't limited to large plants: Conexus staff told IBJ that firms with 10 to 15 people were investing in robotic welding with MRG help.

What Conexus's MRG page doesn't tell you

The page still reads like a temporary pause, with an April 2025 notice and an interest form. Here's what it leaves out.

The dedicated money is gone. Nothing on the Conexus page mentions that the 2025-27 budget removed MRG's $20 million-a-year line item. The same budget also cut the Skills Enhancement Fund's $11.5 million-a-year line and other programs, according to Inside Indiana Business, while IEDC's general business promotion line rose by $20 million to $37 million a year. Whether any of that pool goes to MRG is an IEDC decision, not a scheduled round.

Third-party grant listings are wrong. Several grant aggregator sites still list MRG as open or rolling. They copy old program text. The official Conexus page is the only status that counts, and it hasn't reopened.

Buying first kills eligibility. The FAQ is clear that the grant can't reimburse spending incurred or committed before the application date. A common mistake is signing a purchase order or paying a deposit while waiting for a round to open. If you think MRG may return, get quotes but don't commit until you can apply.

"But for" is the core test. Conexus says the grant should pay for an investment that wouldn't happen without it, or would happen much smaller or later. An application that reads like the company would buy the robot anyway is a red flag for reviewers, and projects that can start right after an award were preferred.

Ready-to-go projects scored better than big ideas. Reviewers wanted commercial-ready equipment from established vendors. Custom, unproven systems were harder to fund than off-the-shelf cobots or sensor packages with a vendor quote attached.

Indiana grants manufacturers can apply for now (October 2026)

Grantsights checked 4 open or recurring Indiana programs on October 18, 2026. None replaces MRG's equipment funding, but each pays for something manufacturers buy alongside new technology.

ProgramWho runs itAmountFit for manufacturersStatusSource
Employer Training Grant (ETG)Indiana Department of Workforce DevelopmentUp to $5,000 per trained and retained employee; $50,000 per employer per yearAdvanced manufacturing is one of six eligible sectors; training must be 40+ hoursFY26 Round 1 requirements posted; apply through the Access Indiana portalDWD Employer Training Grant (opens in a new tab)
IN-STEP export grantIEDC international trade team80% of approved export costs, up to $15,000 per calendar yearTrade shows, trade missions and other export activitiesFunding available for trade activities from June 30 to December 31, 2026IEDC IN-STEP page (opens in a new tab)
SBIR/STTR matching grantIEDC$0.50 per federal dollar: up to $50,000 per Phase I and $75,000 per Phase II; $150,000 lifetimeManufacturers developing new products with federal SBIR or STTR awardsRollingIEDC SBIR/STTR page (opens in a new tab)
Indiana Technical Assistance Program (INTAP)Indiana SBDCUp to $15,000 in vendor services, paid to the vendorPrototyping, inventory systems, software integration; equipment purchases excluded2026 round closed (ran January 16 to February 18, 2026)Indiana SBDC INTAP page (opens in a new tab)

Employer Training Grant: the best fit for a technology project

If a new robot or sensor system means retraining operators, the ETG is the strongest open option. According to DWD's FY26 Round 1 fact sheet, it reimburses up to $5,000 per employee for credential-bearing training or registered apprenticeship and up to $1,000 per employee for specialized company training, capped at $50,000 per employer per year. New hires must earn at least $19 an hour, existing employees must get at least a 5% raise when training ends, and trainees must stay six months. It's a training grant, so it won't buy the cobot, but it can cover a meaningful share of the people side of the project.

IN-STEP, SBIR match and INTAP

IN-STEP pays 80% of approved costs, up to $15,000 a year, for export activities such as trade shows, and IEDC's page says funding covers activities between June 30 and December 31, 2026. Applicants need at least one target international market and a detailed scope and budget. IEDC's SBIR/STTR match adds 50 cents per federal dollar for companies that already won a federal award. INTAP, run by the Indiana SBDC, pays up to $15,000 to an Indiana vendor for growth projects, but its rules exclude buying equipment, so use it for integration software or prototyping rather than machines. Its 2026 projects run July 1 to December 31, 2026, and the SBDC strongly suggests a 50% match.

Non-grant help for Indiana manufacturers

Purdue MEP has helped about 8,000 Indiana manufacturers, according to its site, but it's a service, not a grant program. Here's how the other main routes compare:

OptionWhat it isWhat to know
Purdue Manufacturing Extension Partnership (MEP)Indiana's NIST MEP center; low-cost consulting and trainingIt isn't a grant. Purdue MEP says it helps clients secure state and federal funding, and it runs digital transformation and AI training
Skills Enhancement Fund (SEF)IEDC training reimbursement, typically 50% over two calendar yearsThe page is still online, but SEF lost its $11.5 million-a-year line item and doesn't appear in IEDC's current Grants and Incentives menu. Confirm with IEDC first
Hoosier Business Investment (HBI) tax creditNegotiated credit for capital investmentListed on IEDC's incentives page; aimed at larger projects with state tax liability
EDGE payroll tax creditNegotiated credit for new jobsListed on IEDC's incentives page; tied to job commitments
Tax-exempt bondsIndiana Finance Authority financingLowers borrowing costs for manufacturing projects

The Indiana small business grants guide covers the state's loan programs, including the SSBCI-backed Legend Fund, and the Indiana grants guide covers money for nonprofits, schools and local governments.

What to do if you were planning an MRG project

Most manufacturers face a 3-step decision: wait, split the project, or finance it. Here's how to choose:

  1. Fill out the Conexus interest form now. Conexus says it'll notify anyone on the list when applications reopen. It costs nothing and doesn't commit you.
  2. Don't sign anything you'd want MRG to pay for. If there's a real chance the program returns in 2027, keep the equipment purchase uncommitted. If you can't wait, buy it and stop counting on MRG for that project.
  3. Fund the people side now. Apply for the ETG for operator training tied to the new equipment. That's money you can get this year.
  4. Call Purdue MEP and your Indiana SBDC. Both track state funding changes and can tell you if IEDC opens a technology program under a new name.
  5. Compare federal and neighboring-state routes. Our grants for manufacturing businesses guide lists federal programs and state programs elsewhere. Firms with plants in other states can check the Ohio small business grants guide, the Michigan small business grants guide or the Illinois small business grants guide.

If MRG doesn't come back, a better route for most small manufacturers is a mix: an ETG award for training, an equipment loan through a bank or CDFI, and, for exporters, IN-STEP. The small business grants by state hub compares what each state offers.

Manufacturing Readiness Grant red flags and scams

The FTC's government grant scams page (opens in a new tab) warns against anyone charging a fee to get you a grant, and MRG is a common target for this pitch because aggregator sites still show it as open. Three red flags:

  • A consultant promising to file an MRG application today. There's no portal open to file in. Applications go through Conexus's own portal, only when a round is active.
  • A vendor offering a "grant-ready" quote with a deposit due now. Paying a deposit before applying makes that spending ineligible under the Conexus FAQ.
  • A listing that gives a 2026 deadline. Conexus hasn't posted one. Check the official page before you trust any date.

To see federal, state and local programs that fit your plant, location and project, search the Grantsights grant database or run the free eligibility checker.

Sources

Frequently Asked Questions

Is the Indiana Manufacturing Readiness Grant open in 2026?

No. When Grantsights checked Conexus Indiana's program page on October 18, 2026, it still said the program had received enough applications by April 21, 2025 to use up its remaining funding for that state budget cycle, and it offered only an interest form. The 2025-27 state budget then removed the program's $20 million-a-year line item, according to Inside Indiana Business. Neither Conexus nor IEDC has posted a new round.

How much was a Manufacturing Readiness Grant worth?

IEDC's program page lists awards of up to $200,000 on a minimum 1:1 matching basis, so the company paid at least half of the project. Conexus staff told the Indianapolis Business Journal in 2024 that typical awards ran between $100,000 and $200,000. Conexus reports 772 grants and $79.8 million awarded in total, which works out to an average of about $103,000 per grant.

Who was eligible for the Manufacturing Readiness Grant?

Manufacturers making a capital investment in smart manufacturing technology at an Indiana operation. According to Conexus Indiana's FAQ, there's no size limit, but small and mid-sized manufacturers with fewer than 500 employees were heavily favored, and reviewers weighed how much of the business is actual manufacturing and its ties to Indiana.

What can Indiana manufacturers apply for instead?

The open options in October 2026 are narrower. The Department of Workforce Development's Employer Training Grant reimburses up to $5,000 per trained and retained worker and $50,000 per employer a year, and advanced manufacturing is an eligible sector. Exporters can use IN-STEP (80% of approved costs, up to $15,000 a year), and federal SBIR or STTR winners can get IEDC's match. None of them pays for machines the way MRG did.

Will Manufacturing Readiness Grants come back?

Nobody has announced that. In May 2025, an IEDC spokesperson said commerce leadership was reviewing all IEDC funding and deciding how to categorize it around the governor's four priorities, which left open whether MRG would be paid for from broader accounts. Conexus's page says people who complete its interest form will be notified if applications reopen, so that form is the most reliable signal.

Who runs the Manufacturing Readiness Grant program?

Conexus Indiana manages it with the Indiana Economic Development Corporation (IEDC) and the Next Level Manufacturing Institute. Conexus took applications through its portal, a volunteer committee of Conexus Smart Manufacturing Fellows scored them, and IEDC made the final funding decision after its own diligence.

Last updated October 18, 2026. Published by Grantsights from public sources. See our editorial policy, how we build and check guides, corrections and how we make money.