ClosedBusinessRound 1

Manufacturing Modernisation Fund Round 1

Australian Government · Australia

The Manufacturing Modernisation Fund Round 1 provided co-funded grants to help small and medium manufacturing businesses modernise operations, adopt new technologies and reskill workers. Funding supported capital investments and associated workforce development to improve productivity and create jobs.

Official Grant Page

Funding

$50K – $1M

Duration

up to 2 years

Location

Australia

Who Can Apply

• Must be an entity incorporated in Australia • Must be a manufacturing SME with up to 199 employees • Must identify expected job creation • Must show board support and capacity to fund the non-grant share of project costs
To be eligible, applicants had to be an entity incorporated in Australia, be a manufacturing SME with up to 199 employees, and clearly identify the level of job creation expected. Applicants also had to engage in trading activities that either form a significant proportion of their overall activities or are a substantial and not peripheral activity of the corporation. They had to provide evidence that the project was supported by their board, that they could complete the project, and that they could meet project costs not covered by grant funding.

What's Funded

Projects to upgrade manufacturing technology, improve efficiency such as energy or process optimisation, and undertake transformative changes that enable new products or entry into new markets. Funding also supported associated reskilling of the workforce.

Expected Outcomes

Improved manufacturing competitiveness, adoption of new technologies, more efficient and transformative manufacturing processes, job growth, and a more highly skilled manufacturing workforce.

Key Information

Applicant Types

companyother

Stage

growthestablished

Funding Purposes

innovationcapital_expendituretrainingemployment

Keywords

manufacturingmodernisationtechnology upgradesefficiency upgradescapital investmentreskillingjob creationSME

Frequently Asked Questions

What is the Manufacturing Modernisation Fund Round 1?

The Manufacturing Modernisation Fund Round 1 is a business grant offered by Australian Government in Australia, providing $50K – $1M in funding. The Manufacturing Modernisation Fund Round 1 provided co-funded grants to help small and medium manufacturing businesses modernise operations, adopt new technologies and reskill workers. Funding supported capital investments and associated workforce development to improve productivity and create jobs.

How much funding does the Manufacturing Modernisation Fund Round 1 provide?

The Manufacturing Modernisation Fund Round 1 provides $50K – $1M in funding. The typical project duration is up to 2 years.

Who is eligible for the Manufacturing Modernisation Fund Round 1?

• Must be an entity incorporated in Australia • Must be a manufacturing SME with up to 199 employees • Must identify expected job creation • Must show board support and capacity to fund the non-grant share of project costs

What activities are funded?

Projects to upgrade manufacturing technology, improve efficiency such as energy or process optimisation, and undertake transformative changes that enable new products or entry into new markets. Funding also supported associated reskilling of the workforce.

How do I apply for the Manufacturing Modernisation Fund Round 1?

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.

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