none

$30M grants program announced: AMGC webinar will explain the details

16-03-2021
by 
in 
AMGC webinar flyer

The Australian Government has announced a $30 million fund to help smaller local manufacturers turn their ideas into commercial outcomes and help create more jobs.

Minister for Industry, Science and Technology Karen Andrews said the Commercialisation Fund would foster projects that bring industry and researchers together to commercialise new manufacturing products and processes. 

“Making science and technology work for industry is one of the central pillars of our Government’s $1.5 billion Modern Manufacturing Strategy and this fund is just one of the ways we’re delivering on that,” said Minister Andrews.

Consistent with all programs under the Modern Manufacturing Strategy, this fund will support projects within the Government’s six National Manufacturing Priorities.

These priorities are: Medical Products, Food and Beverage, Resources Technology and Critical Minerals Processing, Recycling and Clean Energy, Defence, and Space.

Commercialisation Fund grants will be between $100,000 and $1 million and must be matched by industry. These smaller-sized grants will complement the larger projects that will be supported through the $1.3 billion Modern Manufacturing Initiative.

Projects must include collaboration with a research partner and a minimum of one industry partner.

The fund will run over an 18-month period. The first round of funding, which opened on March 11, will provide $20 million while a subsequent round will deliver the remaining $10 million. 

The fund will be managed and administered by the Advanced Manufacturing Growth Centre (AMGC), in collaboration with the five other Industry Growth Centres AustCyber, Food Innovation Australia Ltd (FIAL), MTPConnect, METS Ignited and National Energy Resources Australia (NERA), and the CSIRO. 

For more information and to apply for a grant go to https://www.amgc.org.au/projects/ 

The AMGC is hosting a free webinar titled ‘Understanding the Commercialisation Fund’ at noon on March 24. Register here.

Related news & editorials

  1. worker
    07.05.2021
    07.05.2021
    by      In , In , In
    A $325,000 government grant has helped regional Victoria’s largest co-packing business increase its productivity through the introduction of an innovative product line and new automated equipment. 
    The grant, from the Agriculture Workforce Plan, has also enabled the Australian Disability Enterprise... Read More
  2. Angus Taylor
    06.05.2021
    06.05.2021
    by      In
    The Australian Government has given the green light to the construction of three large hydrogen plants in Victoria and Western Australia that will be among the world’s biggest.
    More than $100 million in conditional funding has been awarded through the Australian Renewable Energy Agency’s (ARENA)... Read More
  3. Lab
    05.05.2021
    05.05.2021
    by      In , In
    Newly launched space startup Quasar Satellite Technologies is set to revolutionise space communications, using radio telescope technology developed by the CSIRO. 
    With more than 57,000 satellites set to be launched by the end of the decade, Quasar is creating a world-leading ground station service... Read More
  4. 29.04.2021
    29.04.2021
    by      In
    In memory of Mr Lapp, the founding family set up the Oskar Lapp Foundation in 1992. This provides young scientists with incentives to effectively engage them in cardiovascular research. The Oskar Lapp Research Prize, worth 12,000 Euro, is presented annually, while the Oskar Lapp Grant, which... Read More
Products
Suppliers