Supply Chain Resilience Initiative Round 2

Funding is available for businesses to establish or scale a manufacturing capability or a related activity to address supply chain vulnerabilities for a critical product or input identified in the Sovereign Manufacturing Capability Plan.
The objectives of the program are to:

• work with industry to identify supply options to address vulnerabilities
• address vulnerabilities identified in the Sovereign Manufacturing Capability Plan by incentivising Australian businesses to invest in capabilities through new equipment, technology, skills and processes.

The intended outcomes of the program are to:

• improve Australia’s resilience to future supply chain shocks
• facilitate diversification of supply options and increase investment in the economy
• enable diversification into export markets and reduce reliance on domestic markets
• improve collaboration between domestic and international manufacturers and suppliers
• mitigate supply chain risks for critical products and enhance visibility and transparency of the supply chain for critical products identified in the Sovereign Manufacturing Capability Plan
• accelerate digitalisation and deeper integration of technology to optimise supply chain performance.