Securing Raw Materials Program - Round 2

The Securing Raw Materials Program is supporting businesses that relocate to, or expand in, regional Australia and partner with a regionally located university or research organisation to undertake research into, and/or development of, innovative and locally sourced raw material supplies (including establishing new suppliers or products and value adding to existing known supplies).

Round 1 was open to businesses located in capital cities relocating or expanding to regional areas. This round has been broadened to include businesses located in regional areas that will expand to a different regional area to deliver on the program objectives.

The objectives of the program are to relocate/expand businesses in regional Australia to:

• support research into and/or development of innovative and locally sourced raw material supplies and capitalise on a region’s comparative advantages
• increase economic activity, diversity and jobs in regional areas, including by establishing new industry sectors, businesses and suppliers
• support and strengthen partnerships between industry and regional universities and research organisations located in regional areas.

The intended outcomes of the program are:

• industry growth and economic resilience in regional Australia
• stronger supply of, and access to, innovative and improved raw materials for industry
• increased research, investment and economic capacity in Australia’s regions.