Government Grants for Manufacturing Automation in Missouri
According to the Missouri Business Alert, the state is exceeding the estimated manufacturing growth rate put forth by the Missouri Economic Research and Information Center (MERIC) and towering above the national average. In 2020, MERIC estimated an increase of 10,000 manufacturing jobs annually for a total of 277,000 by 2030. As of 2023, the number of manufacturing employees in Missouri had already reached over 290,000.
The growth trajectory creates a demand for continual innovation and efficiency improvements within the industry. Government grants have become a key factor in fueling the growth by providing financial support to businesses seeking to implement automation solutions. The grants aim to capitalize on the thriving manufacturing sector. With the grants, companies can invest in cutting-edge technologies, enhance productivity and maintain competitiveness in today's dynamic market landscape.
How to get grant money from the government
Find potential grants and incentives for manufacturing automation in Missouri along with their eligibility, requirements, and applications at: