- Must be a Manufacturer or Allied Service Provider (Allied Service Providers only include companies that physically interact with a manufactured good to alter the product - for example industrial Heat Treaters and industrial Platers).
- Must have a manufacturing facility in Connecticut or relocating operations to CT.
- Must be registered for at least 3-years and currently generating revenue.
- 51% or more of the company's revenue must be generated from the sale of goods the applicant manufactures or from allied services provided to manufacturers.
- Must have at least 3 full-time employees and no more than 100.
- Proposed project value must be at least $10,000.
- Must be operating in an appropriately zoned commercial area.
- Must not have received an MVP award subsequent to June 30, 2018.
- Must be in Good Standing with both the CT Department of Revenue Services and CT Department of Labor at time of application submission.
Please note that new eligibility criteria for the MVP Program was established in June 2020. All applications pending at that time and all future applications will be evaluated based on the new criteria shown herein.
Currently Processing Applications received on
May 18 2021
Access to the current round of funding to support the MVP was delayed several months due to unanticipated state legal and administrative requirements. Those issues have now been resolved and application processing is underway. Your patience is appreciated while we strive to review a significant backlog of pending applicants. Applications are being reviewed in the order they were received and all funding requests will eventually be addressed. Eligible manufacturers are encouraged to continue to apply for assistance as there is adequate funding to support additional projects at this time.
CONNECTICUT CENTER FOR ADVANCED TECHNOLOGY
CCAT validates and demonstrates leading-edge technologies and assists companies in adopting those technologies into the business operation. In addition, CCAT provides incumbent worker and advanced training to enable the business to fully utilize the new technology.
Welcome, Connecticut Manufacturers!
Connecticut manufacturing is renowned for its innovation, quality, and value.
To help keep pace with state-of-the art product development and manufacturing technology, the Manufacturing Innovation Fund Voucher Program provides companies with access to capital to help them obtain new equipment and the expertise they need to become more efficient, productive, and competitive.
Here's how it works:
- Eligible companies can apply for vouchers up to $49,000 for the purchase of specialized equipment and expertise aimed at helping them leap ahead in terms of productivity, efficiency and competitiveness.
- Participating companies are required to provide a project match of 1:1 to 3:1 depending on the amount of prior awards received and the grant amount currently being requested.
- Applicants must be seeking assistance for a project they are actively contemplating but have yet to commit to. Projects where a contract has been signed, a Purchase Order placed, or a deposit made in advance of submitting an MVP application WILL NOT be considered for funding.
A program of the Connecticut Manufacturing Innovation Fund, the voucher program is a partnership of the state Department of Economic and Community Development (DECD) and the Connecticut Center for Advanced Technology, Inc (CCAT).
Want to learn more?
Here are some Frequently Asked Questions (FAQs):
- Assistance with new machinery acquisition
- Technical experts in universities, educational institutions, nonprofits, or other organizations to solve engineering, marketing and other challenges, i.e. workforce development, supply chain network development, technology insertion, research and development
- Market analysis
- Business development
- Financial transition and market growth planning
- Testing or research to support proof of principle
- Prototype development
- Process Improvements
- Commercialization and innovation services
- Specialized Equipment for automation
- Tooling development and manufacture
- Other such costs that the Advisory Board and/or DECD deems eligible.
The program has specifically identified the following activities as ineligible uses of the funds:
- Debt restructuring
- Ongoing operational costs/Working Capital
- Loan payments
- Costs related to the sale of disposal of business assets.
- Lobbying
- Workforce training
- Motor Vehicles Requiring DMV Registration
- Real Estate Acquisition
- Construction related activities
- Total project value must be at least $10,000.
- A third-party vendor or service provider must be used to execute the proposed project.
- Only projects that have not been committed to and don't start until after submission of your application will be considered for funding.
- A project match of 1:1 to 3:1 will need to be provided.
- Companies that receive an award under this program will be required to complete an impact report 6 months following the project's commencement.
Any award amount must be cash matched by the applicant as follows:
First Time Applicants
- 1:1 for the first $25,000
- 2:1 for the remainder up to $24,000 (Greater match for prior grant recipients (see below)
EXAMPLES
| Example | Funding Request | Match 1:1 | Match 2:1 | Match 3:1 | Min Total Project Cost |
|---|---|---|---|---|---|
| 1 | $5,000 | $5,000 | 0 | 0 | $10,000 |
| 2 | $25,000 | $25,000 | 0 | 0 | $50,000 |
| 3 | $35,000 | $25,000 | $20,000 | 0 | $80,000 |
| 4 | $49,000 | $25,000 | $48,000 | 0 | $122,000 |
Repeat Applicants
(those who received awards prior to June 30, 2018)- 3:1 for any amount up to the maximum award of $49,000
EXAMPLES
| Example | Funding Request | Match 1:1 | Match 2:1 | Match 3:1 | Min Total Project Cost |
|---|---|---|---|---|---|
| 1 | $5,000 | 0 | 0 | $15,000 | $20,000 |
| 2 | $25,000 | 0 | 0 | $75,000 | $100,000 |
| 3 | $35,000 | 0 | 0 | $105,000 | $140,000 |
| 4 | $49,000 | 0 | 0 | $147,000 | $196,000 |
- A project quote from a Vendor or Service Provider
- A program provided Budget Form for your project.
- A status letter of Good Standing from the state Department of Revenue Services (DRS)
- A status letter of Good Standing from the state Department of Labor (DOL)
- Evidence of the ability to meet the required funding match (i.e. bank statement, credit line availability, approved loan document, etc).
- The processing time depends on the number of applications ahead of yours in the queue
- You will be notified when your application comes up for review.
- You can monitor processing status online at http://ctmvp.ccat.us
- It is up to the applicant to select a vendor or service provider that is appropriate for the proposed project.
- Vouchers are awarded on a first-come first-served basis.
- Funding is provided in the form of a check.
- Checks are issued approximately 30 days following completion of the required award documents.
- Payment is subject to the availability of state funding for the program.
Interested in applying? Fill out an Application
