Round 2 Open for Manufacturing Modernisation Fund

Manufacturing Modernisation Fund - Round 2

Eligible Moreton Bay Region businesses are encouraged to apply for the Manufacturing Modernisation Fund - Round 2, which is now open.

The Manufacturing Modernisation Fund is an initiative of the Australian Government's $1.5 billion Modern Manufacturing Strategy.

Delivered by AusIndustry, the Manufacturing Modernisation Fund is helping businesses in the manufacturing sector to modernise by stimulating investment into new technologies and processes through co-funding capital investments.

Eligible projects:

Under Round 2, eligible projects must align with one or more of Australia's six National Manufacturing Priorities , identified within the Modern Manufacturing Strategy as target areas where Australian manufacturing can achieve scale and generate future growth.:

• Resources technology & critical minerals processing
• Food & beverage
• Medical products
• Recycling & clean energy
• Defence
• Space

The Modern Manufacturing Strategy aims to assist Australian manufacturers to scale-up, improve their competitiveness and create jobs for now and into the future. Further information about the Modern Manufacturing Strategy can be found at industry.gov.au.

Information Webinar

AusIndustry is hosting a webinar that will provide an overview of Round 2 of the Manufacturing Modernisation Fund, including eligibility requirements and key points from the assessment criteria. They will also provide come general tips for presenting a strong application.

Date: Wednesday 16 December 2020

Time: 11.00am - 12.00pm (AEST)

REGISTER HERE

Manufacturing Modernisation Fund - Overview

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, alteration and/or extensions to building directly related to your capital investment

Learn more here