We have announced recipients for Round 2 of the Manufacturing Modernisation Fund (MMF).

86 businesses will receive a share of grant offers worth $55 million. These grants will co-fund new projects that will help modernise Australia’s manufacturing sector.

Successful recipients will use the MMF grants to invest in projects that encourage innovation, boost productivity, and create new jobs in Australian manufacturing.

The MMF is a key initiative under the Australian Government’s $1.5 billion Modern Manufacturing Strategy. Under the Strategy, grant recipients had to demonstrate alignment with the National Manufacturing Priorities:

The MMF will provide recipients with grants of between $100,000 - $1 million, which will fund up to 25% of their eligible project expenditure. Projects will run for up to 2 years.

The MMF Round 2 builds on the success of the MMF Round 1 which saw around 200 projects supported.

Read more about Manufacturing Modernisation Fund Round 2 grant recipients.