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Advanced Manufacturing – Grant Open

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.

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