Funder: Federal – Industry
Grant Background: The Manufacturing Modernisation Fund supports manufacturers by co-funding capital investments and associated reskilling to:
- adopt new technologies
- encourage innovation
- become more productive and competitive in the market and
- create more jobs.
The program aims to support small to medium manufacturing enterprises (SMEs) through:
- investment in transformative manufacturing technology and processes
- jobs growth and a more highly skilled workforce in the manufacturing sector.
$ Available: up to $1million
Eligibility: To be eligible you must:
- have an Australian Business Number (ABN)
- be non-tax exempt
- be registered for the Goods and Services Tax (GST)
and be:
- an entity incorporated in Australia, including start-ups, and a trading corporation where your trading activities:
- form a sufficiently significant proportion of your overall activities as to merit it being described as a trading corporation; or
- are a substantial and not merely peripheral activity of your corporation.
You must also be:
- a manufacturing small and medium-sized Australian enterprise (SME) with up to 199 employees (headcount)
- have a minimum of $400,000 in eligible project expenditure
- able to identify the level of Australian job creation expected from your project
- able to demonstrate your project aligns with one or more of the six National Manufacturing
Priorities:
- resources technology and critical minerals processing
- food and beverage
- medical products
- recycling and clean energy
- defence
- space.
Key Dates: Closes 21 January 2021
Link: CLICK HERE
Happy to chat if you need a hand with your application and please share this grant opportunity with anyone who may be interested. Good luck, Melanie
#manufacturing #innovation #jobcreation #transformativechange #efficiency