Introducing the Manufacturing Modernisation Fund
Are you a small to medium Central West manufacturing enterprise? You may be interested in applying for the MMF. The $50 million fund supports manufacturers to modernise, adopt new technologies, become more productive and create more jobs by co-funding capital investments and associated reskilling.
The program will run over three years and will be delivered through two streams of funding:
- An estimated $20 million for matched grants of between $50,000 to $100,000 for small scale technology and efficiency investments.
- An estimated $30 million for larger grants between $100,000 to $1 million, on a three to one funding basis, to support transformative investments in technologies and processes.
The maximum grant period is two years.
Applications CLOSE soon at 5pm on Thursday 31 October.
Papers are available from a previously run information presentation to help interested parties better understand what support/assistance is available under the Manufacturing Modernisation Fund.
For a copy of this or if you have any other MMF queries, contact: 13 28 46 or click here.