Grant alert: Manufacturing Modernisation Fund round 2 now open
Grants of up to $1M are available for Australian manufacturers in key priority sectors.
Updated: 9 December 2020
The Federal Government is offering manufacturing grants of up to $1M to attract the adaptation of new technologies, modernise manufacturing processes, create jobs and increase productivity in key priority sectors.
Grants are offered on a 1:3 funding basis, with the Federal Government contributing up to 25% of the total project cost. The minimum grant amount for this round is $100,000.
To be eligible, manufacturers must operate within one of the six priority industries:
- Resources technology and critical minerals processing
- Food and beverage
- Medical products
- Recycling and clean energy
Grant funding is awarded through a competitive process, with applicants having to submit a comprehensive application prior to the closing date on 21 January 2021.
The application must demonstrate how the funding will improve Australia’s manufacturing capability in the priority sectors, create high-value jobs, and lead to long-term and sustainable business growth.
Who can apply?
- Manufacturers in the key priority sectors are encouraged to apply
- Eligible applicants must be Small to Medium Enterprises with 199 or fewer employees
- Not-for-profits, partnerships, and individuals cannot apply to this round.
Applications opened on 4 December 2020 and will be closing at 5pm (AEDT) 21 January 2021.
Please take into account time zone differences when submitting your application.
How can we assist?
The application process is competitive and complex, with limited funds on offer.
ShineWing Australia’s Government Incentives team can assist in project identification, writing comprehensive applications, and liaising with program managers to maximise your chance of funding success.
We had success in Round 1 of this Program so know our way around it!
To learn more and find out how you can seize the opportunity, get in touch with Sam Morris or John Anderson below.