Automotive Transformation Scheme
Australian Government · Australia
The Automotive Transformation Scheme supports the Australian automotive industry through financial assistance to encourage competitive investment, innovation and economic sustainability. It covers up to 15% of eligible plant and equipment costs and 50% of eligible research and development investments.
Location
Australia
Who Can Apply
What's Funded
Expected Outcomes
Key Information
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Frequently Asked Questions
What is the Automotive Transformation Scheme?
The Automotive Transformation Scheme is a business grant offered by Australian Government in Australia. The Automotive Transformation Scheme supports the Australian automotive industry through financial assistance to encourage competitive investment, innovation and economic sustainability. It covers up to 15% of eligible plant and equipment costs and 50% of eligible research and development investments.
Who is eligible for the Automotive Transformation Scheme?
Australian motor vehicle producers must produce at least 30000 motor vehicles or 30000 engines annually in Australia. Automotive component, tooling and service providers generally need at least 500000 annual production value in Australia. For several non-MVP categories, at least 50% of production value must relate to original equipment or related services. Individual companies or groups of companies can apply, with possible Ministerial permission in the national interest if standard criteria are not met.
What activities are funded?
Eligible investment in research and development, plant and equipment, and activities related to the production of motor vehicles, engines and engine components.
How do I apply for the Automotive Transformation Scheme?
Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.
Need help applying?
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