Advanced Manufacturing – Grant Open

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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.

https://www.business.gov.au/assistance/advanced-manufacturing-growth-fund

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.