Up to $2 million in co-funding grants for manufacturers to address supply chain vulnerabilities
The Australian Government is offering $50 million in grants, up to $2 million each, for manufacturers to improve supply chains for critical products.
The Supply Chain Resilience Initiative is offering grants on a 50:50 co-funding basis, from $50,000 up to a maximum grant of $2 million.
The funding will support businesses to establish or scale a manufacturing capability or related activity to address supply chain vulnerabilities associated with critical product vulnerabilities including:
Biopharmaceutics (medicines)
Agricultural Production Chemicals'
Project should demonstrate how their project:
builds a better understanding of critical supply chains
works with industry to identify supply options to address vulnerabilities
addresses vulnerabilities identified in the Sovereign Manufacturing Capability Plan by incentivising Australian businesses to invest in capabilities through new equipment, technology, skills and processes
Eligible projects must show:
a minimum of $100,000 in eligible project expenditure
that you are a manufacturing business or a business within the manufacturing supply chain
that your project addresses supply chain vulnerabilities associated with critical product categories
evidence from your board (or CEO) that the project is supported
that you can complete the project and meet the costs of the project not covered by the grant funding
how you will provide your share of project costs
The program is open for applications to be submitted, and will close on 12 August 2021 (5PM AEST).