Australian manufacturing commercialisation fund - grants up to $1 million
The Australian Manufacturing Growth Centre (AMGC) is offering grants from $100,000 and up to $1 million through the AMGC Commercialisation Fund. Projects which include collaboration with research partners and other Australian manufacturers are encouraged.
The program aims to support industry projects to commercialise new products and processes that finish between Technology Readiness Level (TRL) 6-9.
Supported projects will focus on the six National Manufacturing Priorities announced as part of the Australian Governments Modern Manufacturing Strategy, and which include:
Resources technology & critical minerals processing
Food & beverage
Medical products
Recycling and clean energy
Defence
Space
To be eligible applicants must:
Have an ACN
Have and ABN
Be non-tax-exempt
Be registered for GST
Be an incorporated Australia entity, including startups
Have a minimum of $200,000 expenditure
Must be aligned with at least one of the six National Manufacturing Priorities
Other additional eligibility criteria are listed in the guidelines at Section 4.2.
Applications will generally only be accepted from SME manufacturers with up to 199 employees, however larger organisations may be eligible to apply due to the impact on Australian manufacturing generally (more information in the program Guidelines).
The program will fund a range of eligible activities, with a maximum of 25% of grant funding allowed to be spent on capital investment.
A total of $30 million has been allocated to the program. Applications will be accepted on an ongoing basis until all of the funding has been allocated.