News Article

Posted on 19 Jun 2012

Please note: this is an old article

It was published in June 2012, so the information may be out-of-date.

Investing in Manufacturing Technology (IMT) promotes the growth, productivity and international competitiveness of manufacturing businesses by stimulating investment in new technologies. IMT is a major initiative under the Victorian Government’s manufacturing strategy: A More Competitive Manufacturing Industry: New Directions for Industry Policy and Manufacturing

Nature of Assistance

There are a number of Funding Grants available from both Federal and State Government. Amounts  of up to $250,000 are available on a competitive basis to assist manufacturers to purchase and integrate new technologies that will:

  • improve productivity and competitiveness;
  • strengthen capability; and
  • encourage wider and ongoing innovation.

The AI Group are working with a number of members to assist them with their applications so if you want assistance feel free to contact Jeff Cummins in the Bendigo office, our Senior Adviser Environment and Energy on 0457 745 835 or jeff.cummins@aigroup.asn.au

Purchasing technology that is embedded in equipment and machinery should be central to proposed projects. The project should also involve integrating the technology into the business, which may also include some facility redesign and training.

Applications for IMT Round One are open from 18 June 2012 and will close at 5pm on 20 July 2012.

Local Contacts:

Patricia Chick
Business Development Manager
Department of Business and Innovation
79 a Wyndham Street (PO Box 1389)
Shepparton 3632
5895 4104
0409 946 303
mailto:patricia.chick@dbi.vic.gov.au

Investing in Manufacturing Technology information