Government Grant’s up to $20 million for Australian manufacturers
The Australian Government’s Modern Manufacturing Grant Scheme is offering grant funding from $1 million to $20 million for eligible Australian businesses under two different funding streams.
Applications open from Monday 13th December onwards - depending on which priority sector your business is operating in. This page will be updated on Monday 13th December 2021.
Applications for funding focussed on priority manufacturing sectors includes support for a range of eligible activities across the two funding streams.
The Manufacturing Integration Stream offers grants from $1 million up to $20 million on a 50% co-contribution basis to support projects that integrate Australian businesses and their products and services into domestic and international value chains, propelling goods and services into new markets. The program aims to support Australian manufacturing businesses to increase scale, supply capacity and the ability to innovate, including the adoption of new technologies to support entry into new markets with innovative solutions.
The Manufacturing Translation Stream also offers grants from $1 million up to $20 million on a 50% co-contribution basis, to support projects that translate high quality research into commercial outcomes and support Australian manufacturing businesses to scale up and be more competitive and resilient on a global market. Funding will support successful applicants to adopt new technologies and improve their manufacturing processes to boost productivity and competitiveness.
The program has identified opportunity to bring manufacturers together to:
manage the development of new products for emerging markets
translate research into commercial outcomes
manufacture locally and export more high value products to overseas markets
Eligible activities include:
investment in strategic projects that increase commercialisation, and embrace technology, innovation and automation
grow production and manufacturing activities
bring commercial outcomes to new and existing markets, value chains and customers
Eligible applicants must:
Have an ABN, be non-tax-exempt and be registered for GST
Be an Australian incorporated entity including start-ups, and trading corporation where your trading activities form the majority of your overall activities
Be able to demonstrate the project aligns with one of the National Manufacturing priorities
Have a minimum of $2 million in total eligible project expenditure
Be able to provide evidence that the project is support by your Board or CEO
Be able to provide evidence that you can meet the co-contribution and other costs not covered by the grant funding
Applications open: From 13 - 17 December 2021
Application close: 14 January 2022, 5pm (AEST)