Manufacturing Modernisation

Round 2 of 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.

Round 2 will run over 3 years (2020-21 to 2022-23) and supports transformative investments in technologies and processes including:

• buying, constructing, installing or commissioning of manufacturing plant and equipment
• integrating production-related software that is directly related to your capital investment
• relevant training and skills development to assist you to integrate the new technology into your business, including upskilling and accreditation in advanced processes
• process design and engineering directly related to your capital investment
• fit-out, alterations and/or extensions to buildings directly related to your capital investment.

The maximum project period is 2 years.