Advanced Manufacturing Commercialisation Fund
Funding for small to medium manufacturing enterprises to commercialise new products and processes
Last Updated: 24 March 2021
Advanced Manufacturing Commercialisation Fund
The Advanced Manufacturing Commercialisation Fund provides small to medium manufacturing enterprises with matched funding to commercialise new products and processes.
Close date:
30 Jun 2022.
What do you get?
Matched funding of between $100,000 and $1 million.
Who is this for?
Small to medium manufacturing enterprises.
Overview
Funding is available for small to medium manufacturing enterprises undertaking projects that align with one or more of the 6 National Manufacturing Priorities:
- food and beverage
- medical products
- resources technology and critical minerals processing
- recycling and clean energy
- defence
- space
Eligible project activities include:
- collaboration and networking with other businesses to develop a product and establish market potential
- collaborating with research and technology hubs/centres to test ideas and share knowledge
- engaging external professionals to provide commercialisation and market advice, such as identifying market opportunities and developing a market strategy
- creating distribution strategies, such as market entry pathway and identifying domestic supply chains
- developing a product for commercialisation using high value manufacturing techniques or processes such as rapid prototyping or using state-of-the-art manufacturing plant
- acquiring, constructing, installing and commissioning of new machinery and equipment to facilitate the project (limited to 25% of grant funding)
- research collaboration as it relates to the validation/viability of later stage commercialisation
- approved production and post-production manufacturing activities related to commercialisation
The grant will cover up to 50% of eligible project costs.
What are the eligibility criteria?
To be eligible, you must:
- have an Australian business number (ABN) and an Australian company number (ACN)
- be a small to medium manufacturing enterprise with less than 200 employees
- be non-tax-exempt
- be registered for the goods and services tax (GST)
- be an entity incorporated in Australia
How do you apply?
You can find out more about eligibility and how to apply at Advanced Manufacturing Commercialisation Fund.
