Overview

The Manufacturing Modernisation Fund supports manufacturers to modernise, adopt new technologies, become more productive and create more jobs by co-funding capital investments and associated re-skilling.

Modernisation can include technology upgrades, efficiency upgrades, such as energy or process optimisation, or more transformative changes to your business, which will allow you to produce new products or diversify into new markets.

The maximum grant period is 2 years.

To be eligible you must:

• be an entity incorporated in Australia
• engage in trading activities that:
  • form a sufficiently significant proportion of its overall activities; or
  • are a substantial and not merely peripheral activity of the corporation

You must also:

• be a manufacturing small and medium-sized enterprises (SMEs) with up to 199 employees (headcount)
• clearly identify the level of job creation expected
• provide evidence from your board that the project is supported and you can complete the project and meet the costs of the project not covered by grant funding

For more information on eligibility please refer to the grant opportunity guidelines.

Merit criteria

To be competitive you must score highly against all of the merit criteria.

Merit criterion 1 – The extent that your project will improve your manufacturing competitiveness and lead to job growth (40 points)
Merit criterion 2 – Capacity, capability and resources to deliver the project (40 points)
Merit criterion 3 – Impact of the grant funding on your project (20 points)

You should read the grant opportunity guidelines and sample grant agreement before you apply.

Find out more here.