Government grants for manufacturing are important for Australia’s growth. Advanced manufacturing can benefit every manufacturer. It includes technologies, processes, and practices that improve productivity and competitiveness. As well as digital technologies and Industry 4.0 strategies.
- Additive manufacturing such as 3D printing
- Advanced materials
- Artificial intelligence
- Machine learning
Australian manufacturing is evolving. Its future involves new technologies. Creating high value‑added products and services for a global market is the key.
Here are some government grants for manufacturing.
Advanced Manufacturing Fund
The $100 million Advanced Manufacturing Fund will enable innovation. This will help create jobs, grow businesses, improve productivity and global competitiveness. With programs to:
- Invest in new technologies
- Conduct research
- Invest in engineers, scientists, and facilities
- Test new products
- Create business capability
Advanced Manufacturing Growth Fund
This $47.5 million Fund supports capital projects from small and medium enterprises. The fund helps establish or expand advanced manufacturing activities in VIC and S.A.
Advanced Manufacturing Early Stage Research Fund
These are grants for smaller businesses and early-stage research projects. The fund will run until 2020–21 providing $1 million.
Advanced Manufacturing Growth Centre
This non-profit centre promotes innovation, productivity, and competitiveness in Australian manufacturing. Projects it supports include: industry research, exporting, management skills, regulatory issues, etc.
Innovative Manufacturing Cooperative Research Centre
This non-profit, independent centre assists businesses with becoming globally relevant. Researching innovation in products, processes, and services.
Read more government grant information here.