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Business

Automotive Innovation Lab Access Grant

Funder:  Federal – Industry

Grant Background: This program aims to help businesses enhance their automotive product design and development process. It will do this by supporting activities at specialised facilities and service organisations, including:

  • designing
  • prototyping
  • testing

Australian businesses can benefit from the program’s objectives to support:

  • access to automotive test facilities
  • access to design and prototyping services
  • new automotive product development
  • enhanced business capability
  • building capacity to deliver diversified products
  • building capacity to supply products to local and international markets.

$ Available: The grant funding available is:

  • between $50 000 and $200 000
  • up to 50% of your eligible project costs
  • for a project period up to 12 months.

Eligibility: To be eligible you must:

  • have an Australian business number (ABN)
  • be an entity incorporated in Australia (includes an incorporated trustee applying on behalf of a trust)

You must also engage in trading activities that either:

  • form a significant proportion of your overall activities
  • are a substantial and not peripheral activity of the corporation

Your project must:

  • use an external facility
  • have at least $100,000 in eligible expenditure

You must provide evidence from your board (or chief executive officer or equivalent if there is no board) that:

  • the project is supported
  • you can complete the project
  • you can meet the costs of the project not covered by grant funding

You must also provide evidence on how you will fund your share of project costs.

Key Dates: Closes 24 February 2020

Link: CLICK HERE

Happy to chat if you need a hand with your application. Good luck, Melanie

#automotive #innovation   #productdevelopment  #prototyping #automotivedesign #capacitybuilding