The third round of Made in Queensland funding is now accepting applications.
The $46 million fund has promoted advanced manufacturing in the state, particularly in regional Queensland where 40 per cent of projects are being delivered.
“Since 2017 we have supported around 75 projects, which will create more than 930 new jobs over the next five years and generate approximately $92 million in private sector investment,” said Minister for State Development and Manufacturing, Cameron Dick.
In the third round, $6m will go towards the expansion of manufacturing in the state, as well as providing funds for the businesses to innovate and hire more people.
“The program is helping us build a strong advanced manufacturing sector, which means more Queensland jobs, and more jobs means a stronger Queensland,” said Dick.
One of the recipients of funding in previous rounds was Norship Marine, which is located at the site of the South Pacific Defence and Industry Forum which was held in Cairns for its inaugural edition.
Awarded $117,500 in the first round of funding, the shipbuilder purchased industry-leading equipment for extending its maritime, advanced manufacturing, and engineering capabilities.
“The purchase of a CNC routing machine has allowed us to streamline component manufacturing and vessel repair processes, along with improving the quality of our products and services,” said Norship Marine CEO, Olav Groot.
“It has given us the ability to service a broad range of industries across northern Australia, Papua New Guinea and the Pacific.”
Applications close on October 11, at 5pm.