Manufacturers in Gippsland can receive financial support to invest in new ideas and become more competitive in the marketplace.
Local MP Darren Chester said the $30 million Manufacturing Commercialisation Fund could help businesses carry out projects that bring industry and researchers together to commercialise new products and processes.
“Gippsland has a strong manufacturing sector and investing in innovation and local business will strengthen our workforce and place within the industry and support more local jobs,” Mr Chester said.
“The fund is designed to help our small and medium sized manufacturers access research that can help them grow their business and become more competitive in the domestic and international market.”
Mr Chester said the program was part of the Modern Manufacturing Strategy that will support projects within the six National Manufacturing Priorities.
“Eligible projects will need to fall within the National Manufacturing Priorities which include medical products, food and beverage, resources technology and critical minerals processing, recycling and clean energy, Defence and Space,” Mr Chester said.
“There is some remarkable innovation already happening in the Gippsland manufacturing sector and this program will help businesses remain innovative and competitive for years to come.”
Grants can be between $100,000 and $1 million and must be matched by industry.
Projects must include collaboration with a research partner and a minimum of one industry partner.
For further information and to apply visit: https://www.amgc.org.au/projects/