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Cash incentive for manufacturers to support others

16-03-2010
by 
in 

Small to medium sized manufacturers with leading-edge technology or equipment can be paid up to $5000 to make excess production capacity available to other businesses under an initiative developed by the Australian Government’s Enterprise Connect program.

The $50 million a year Enterprise Connect initiative was established to provide comprehensive support to businesses to help them become more innovative, efficient and competitive.

The Technology Partnerships idea is a creative solution that maximises the efficient use of existing capacity in the manufacturing sector while linking other businesses to new sources of production.

Businesses with specialised equipment will receive $3000 as a sign-on fee to be listed on the Technology Partnerships register and provide in-principle agreement to make their equipment available to other firms.

An amount of $2000 is also available to subsidise the first external user’s use of the equipment.

Victorian based Aerospace Materials is one business that has already registered as a Technology Partner.
Aerospace Material Director Bob Morgan says he’s happy to be part of the Technology Partnerships Program.

“We had an expensive and rare plate saw that was under-utilised, but well worth retaining,” Mr Morgan said.

“Rather than being forced to return it, we felt the Technology Partnerships Program was worth a try.”

Profiles of 34 pieces of specialised equipment including technical specifications, and location are now available online at www.enterpriseconnect.gov.au 

Enterprise Connect
Ph: 131 791

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