Advanced Manufacturing Growth Fund is now open for applications
The Federal Government has opened for applications from SMEs.
The fund “provides small and medium enterprises with funding of between $500,000 to $2.5 million to cover up to a third of eligible project costs for capital projects that establish or expand advanced manufacturing activities in Victoria and South Australia.”
With the value set at $500k minimum, this will suit the larger of the SMEs, who are already well prepared in their business planning and business growth thinking.
Who can apply?
At a minimum, you must:
- be a small or medium enterprise (SME) with up to 199 full time equivalent employees
- be an entity incorporated in Australia
- have an Australian Business Number (ABN)
Other eligibility requirements may apply.
Deadline to apply:
Applications open: 7 July 2017 9:00 am AEST
Applications close: 14 August 2017 5:00 pm AEST
If you are not ready to take advantage of this grant in the time period available, then feel free to call for a chat about how can prepare for the next occasion that this type of grant become available.