Posted on 26 Sep 2019
Please note: this is an old article
It was published in September 2019, so the information may be out-of-date.
The Fund supports manufacturers to modernise, adopt new technologies, become more productive and create more jobs by co-funding capital investments and associated reskilling.
The program aims to:
- support investment in efficient and transformative manufacturing processes by small and medium sized enterprises (SMEs)
- support jobs growth and a more highly skilled workforce in the manufacturing sector
The program will run over 3 years and will be delivered through two streams of funding:
- an estimated $20 million for matched grants of between $50,000 to $100,000 for small scale technology and efficiency investments
- an estimated $30 million for larger grants between $100,000 to $1 million, on a three to one funding basis, to support transformative investments in technologies and processes
More information HERE