Funding for small to medium manufacturing enterprises to commercialise new products and processes

The Advanced Manufacturing Commercialisation Fund provides small to medium manufacturing enterprises with matched funding to commercialise new products and processes.

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.