The Federal Government’s Manufacturing Modernisation Fund is now open. Announced during the election, the $50 million Fund is intended to support manufacturers to become more competitive by co-funding capital investments that help them scale-up, invest in new technologies and develop new high-value products. Under the announcement:
- $20 million is expected to be provided for smaller scale technology and efficiency investments
- $30 million is expected to be provided for larger-scale projects to support more transformative investments in technologies and processes.
Applications are currently closed.
To find out more and to apply go to Manufacturing Modernisation Fund