Back to Search ResultsManufacturing Modernisation
Grant
Closes: 21st of January 2021 - 5:00 pm
Value: $100,000 to $1 Million
Run By: Australian Government Department of Industry, Science, Energy and Resources
Further Information: https://www.grants.gov.au/Go/Show?GoUuid=0bb973c1-2e86-4359-95da-6377be3659cf
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.
Last Updated: 15th of December 2020