The Australian Government is offering $800 million in grants to encourage large-scale manufacturers to collaborate on major job-creating projects. The funding is part of the Collaboration stream of the government’s $1.5 billion Modern Manufacturing Strategy (MMS),
Manufacturers with eligible projects can apply for co-funded grants of between $20 million and $200 million, covering up to 33 per cent of eligible project expenditure. Funding will support B2B and business-to-research collaboration across six National Manufacturing Priority areas. These include food and beverage, and clean energy and recycling.
In a 30 June media release coinciding with the release of the funding guidelines, Minister for Industry, Science and Technology Christian Porter said the Government will use the Collaboration fund to invest strategically in projects that help manufacturers scale up, create jobs and utilise the nation’s research capabilities.
“Australians know that strong, successful manufacturing businesses make for a stronger country,” Minister Porter said.
“We want to co-invest in transformative, industry-led proposals that will spur private sector investment, encouraging our manufacturers to draw on each other’s strengths and harness our world-class research.
“The Collaboration Stream is the largest component of our Modern Manufacturing Strategy, and focuses on long-term transformation in the National Manufacturing Priority areas to support job creation and investment in Australian manufacturing,” he said.
The Modern Manufacturing Strategy
The MMS supports Australian manufacturers in scaling up, building resilience, becoming more competitive and creating jobs. The strategy aims to help harness the nation’s manufacturing capability, drive Australia’s economic recovery from COVID-19 and ensure future resilience.
View more information on the Collaboration Stream and how it fits under the government’s Modern Manufacturing Strategy here.
Apply for a grant under the Collaboration Stream
View the Collaboration Stream funding guidelines here.
Applications can be lodged between 11 August and 9 September.
Get FIAL support with your application
If your project has to do with food or beverage manufacturing, contact the Food and Agribusiness Growth Centre, Food Innovation Australia Ltd (FIAL) for support, by phone on +61 3 9731 3422 or via email at info@fial.com.au.
Source: Government backs manufacturers with $800 million for collaborative projects I The Hon. Minister for Industry, Science and Technology, Christian Porter MP, Media release, 30 June 2021