Cybersecurity Impact in Michigan's Automotive Sector
GrantID: 10335
Grant Funding Amount Low: $600,000
Deadline: Ongoing
Grant Amount High: $1,200,000
Summary
Grant Overview
Cybersecurity for Automotive Manufacturers in Michigan
Michigan's automotive manufacturers are facing a paradigm shift with increasing cyber threats aimed at proprietary technologies and critical data. The region’s automotive sector contributes over $87 billion to the state's economy and employs more than 170,000 workers. However, as technology advances and vehicles become increasingly connected and automated, the cybersecurity vulnerabilities have grown exponentially, prompting urgent attention from industry stakeholders.
Local manufacturers, especially those involved in the production of electric and autonomous vehicles, are particularly susceptible to cyber risks that can jeopardize intellectual property and consumer trust. Reports indicate that about 50% of Michigan's automotive firms experienced a cyber incident in the last year, signaling an urgent need for enhanced cybersecurity measures tailored specifically to this industry. These challenges are compounded by the relatively slow adoption of advanced security technologies, which leaves many manufacturers exposed to evolving cyber threats.
This grant program seeks to facilitate targeted cybersecurity solutions across Michigan's automotive industry, focusing on securing proprietary technologies and sensitive operational data. The initiative aims to enhance collaboration between manufacturers and cybersecurity experts, ensuring that companies have access to the latest tools and best practices for defense against cyber threats. By fostering partnerships, the funding will help create a more resilient supply chain and better protect the industry's foundational technologies.
Eligible applicants include automotive manufacturers, suppliers, and research institutions located in Michigan. To qualify for funding, organizations must demonstrate existing vulnerabilities and outline specific cybersecurity challenges they face. Proposals should highlight how they will enhance their cybersecurity posture while detailing specific technologies they intend to implement, such as threat detection systems, encrypted communication channels, or employee training programs.
Additionally, recognizing the state’s landscape of rapid technological change, evaluation criteria will focus on the potential for innovative solutions that align with the unique needs of the automotive sector. By ensuring that funding flows to projects that address both immediate and future cybersecurity needs, this initiative aims to bolster the strength of Michigan's automotive manufacturers against the backdrop of a rapidly evolving threat landscape.
Eligible Regions
Interests
Eligible Requirements
