none

GRANTS TO ASSIST AUSTRALIAN MANUFACTURERS

05-09-2014
by 
in 

Grants are now open to manufacturing businesses looking to expand operations, target new markets and attract private sector investment.

The grants are offered as part of the federal government’s $50 million Manufacturing Transition Program.

The Program provides grants to help manufacturing businesses become more competitive and sustainable.

It supports capital investment projects that help businesses:

▪    Move or expand into higher value or niche manufacturing activities

▪    Build skills in higher value and knowledge intensive activities in new or growing

    markets.

Grants are available for up to 25 percent of eligible costs for projects with a minimum investment of $4 million.

Applications for Round 1 opened on September 1 and will close on Friday October 24, 2014.

The program provides:

•    Grants ranging from $1 million to $10 million

•    Grant funding up to 25% of eligible project costs

•    Support for projects over a two year period.

To be eligible, your business must:

•    Be incorporated in Australia

•    Be manufacturing in Australia

•    Be registered for GST

•    Provide evidence that confirms your business can fund its share of the project

    costs.

To find out more about the Manufacturing Transition Program visit:

http://www.syndication.business.gov.au/grants-and-assistance/manufacturing

Related news & editorials

  1. 25.09.2018
    25.09.2018
    by      In
    Energy Efficiency Expo is a new annual trade exhibition and conference dedicated to energy productivity and affordability. Organised by Reed Exhibitions Australia in partnership with the Energy Efficiency Council, the new event will be held for the first time in October 2019 at the Melbourne... Read More
  2. 25.09.2018
    25.09.2018
    by      In
    This week has seen the opening of a unique facility at Deakin University dedicated to advanced metal development and 3D roll forming. The $1.5 million IFM Flexible Forming Facility has been set up as part of Deakin’s Institute for Frontier Materials (IFM), supported a $280,000 grant from the... Read More
  3. 24.09.2018
    24.09.2018
    by      In
    CSIRO is shooting for the Moon this week at the 18th Australian Space Research Conference on the Gold Coast with the launch of an industry roadmap designed to encourage the development of the technological expertise to help to establish a human base on the Moon.
    The report, “Space: A roadmap for... Read More
  4. 20.09.2018
    20.09.2018
    by      In
    Control Logic has set its sights on expansion, with a new leadership team incorporating key roles in products and marketing, sales and development, and operations and services. The move aims to increase the company’s skill set and focus to drive innovation and expand the company’s expertise and... Read More