Archived Grant Opportunity View - GO4464

Round 2 of the Manufacturing Modernisation Fund supports manufacturers by co-funding capital investments and associated reskilling to:

• adopt new technologies
• encourage innovation
• become more productive and competitive in the market and
• create more jobs.

The program aims to support small to medium manufacturing enterprises (SMEs) through:

• investment in transformative manufacturing technology and processes
• jobs growth and a more highly skilled workforce in the manufacturing sector.

Round 2 will run over 3 years (2020-21 to 2022-23) and supports transformative investments in technologies and processes including:

• buying, constructing, installing or commissioning of manufacturing plant and equipment
• integrating production-related software that is directly related to your capital investment
• relevant training and skills development to assist you to integrate the new technology into your business, including upskilling and accreditation in advanced processes
• process design and engineering directly related to your capital investment
• fit-out, alterations and/or extensions to buildings directly related to your capital investment.

The maximum project period is 2 years.

To be eligible you must:

• have an Australian Business Number (ABN)
• be non-tax exempt
• be registered for the Goods and Services Tax (GST)

and be:

• an entity incorporated in Australia, including start-ups, and a trading corporation where your trading activities:
• form a sufficiently significant proportion of your overall activities as to merit it being described as a trading corporation; or
• are a substantial and not merely peripheral activity of your corporation.

You must also be:

• a manufacturing small and medium-sized Australian enterprise (SME) with up to 199 employees (headcount)
• have a minimum of $400,000 in eligible project expenditure
• able to identify the level of Australian job creation expected from your project
• able to demonstrate your project aligns with one or more of the six National Manufacturing Priorities:
• resources technology and critical minerals processing
• food and beverage
• medical products
• recycling and clean energy
• defence
• space.

You must also be able to provide evidence that:

• the project is supported by your board
• you can complete the project
• you can meet the costs of the project not covered by grant funding.

For more information on eligibility please read the Grant opportunity guidelines.

$50,000,000.00

From $100,000.00 to $1,000,000.00

To apply, go to www.business.gov.au/mmf

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