Funding for manufacturers to modernise and reskill

Modernisation can include:

• technology upgrades
• efficiency upgrades such as energy or process optimisation
• transformative changes to your business, which will allow you to produce new products or diversify into new markets

To be competitive you must score highly against all of the following merit criteria:

• Merit criterion 1: The extent that your project will improve your manufacturing competitiveness and lead to job growth (40 points).
• Merit criterion 2: Capacity, capability and resources to deliver the project (40 points).
• Merit criterion 3: Impact of the grant funding on your project (20 points).

For more information on merit criteria please refer to the Grant opportunity guidelines.

We assess your application against the eligibility criteria and then against the merit criteria. Only eligible applications will proceed to the merit assessment stage.

An assessment committee will assess your application against the merit criteria and compare it to other eligible applications. It will recommend which to the program delegate which projects to fund, subject to availability of grant funds.

You must supply enough detail and supporting evidence for your application. It should be relative to the project size, complexity and grant amount requested. You should define, quantify and provide evidence to support your answers.

If your application is successful, you’ll receive a written offer.

You’ll then enter into a grant agreement with the Commonwealth.

The grant agreement will specify:

• reporting requirements
• the payment schedule
• milestones necessary to receive payments

We will make payments according to an agreed schedule set out in your grant agreement. Payments are subject to satisfactory progress on the project.

Payments will be made by direct credit into your nominated bank account.

If you are unsuccessful, we’ll notify you in writing and give you the chance to discuss the outcome with us.