funding

The Victorian state government has backed 28 small-to-medium sized manufacturers to expand operations with $10 million in funding.

Curtin University has been named the first of Australia’s Trailblazer universities to receive a share of over $242 million in federal government funding, to develop a research commercialisation hub. 

Under the Modern Manufacturing Initiative, the federal government has announced $23 million in support for the Australian Precision Medicine Enterprise. 

Ten contracts have been awarded to Australian businesses totalling $23 million from the federal government, aiming to strengthen the capability of the Australian Defence Force. 

Treasurer Josh Frydenberg mapped out how the Federal Budget aims to grow a modern and resilient manufacturing industry in last night’s budget announcement.

The Morrison Government is investing $55.4 million to shore up the supply of Australian steel to support renewable energy projects and the local Defence sector.

BlueScope has welcomed the NSW government’s new $250 million Renewable Manufacturing Fund and its commitment to create opportunities for local industry in this and other sectors. 

The Gladstone Manufacturing Hub has been given a funding boost by the Queensland government to create and support more manufacturing jobs, as part of a $17.75 million state-wide investment. 

An additional $6.7 million in federal government funding has been secured for Science & Technology Australia’s Superstars of STEM program and is backing the Women in STEM ambassador initiative, including its Future You campaign. 

The Victorian government has announced the largest dedicated mRNA research grant program ever seen in Australia, the $21 million mRNA Victoria Activation Program (mAP), to help grow research, development and manufacturing capabilities around the vaccine. 

Under round two of the Demonstrator Program as part of the Moon to Mars initiative, Australian small and medium businesses will be able to apply for mission grants between $750,000 and $10 million to help launch their technologies into space. 

3DMEDiTech, a Melbourne-based advanced 3D medical manufacturing company, will expand its facility in Port Melbourne with a new investment from the Victorian government to reduce waiting times for personalised medical implants for hips, spines and knees. 

Banjo Loans tells Manufacturers’ Monthly about a local manufacturing company and how its supporting them with their finances.

Seventeen Australian businesses will share almost $2.8 million in funding under Round 2 of the Automotive Innovation Lab Access Grants program. The government investment is expected to unlock a further $3.6 million in industry funding. Minister for Industry, Science and Technology Karen Andrews said the support would help companies undertake a range of design, prototype and testing … Continue reading $2.8m funding for rd 2 of Automotive Innovation Lab Access Grants program, further funding expected →

The Australian Government is continuing vital support to Australia’s aviation industry, a key part of the nation’s economic recovery from the COVID-19 pandemic. Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said a range of initiatives currently supporting the aviation sector would be extended, as part of more than $1.2 … Continue reading Gov support continues for Australia’s aviation industry →

Last week, the SA government announced that funding of up to $2.4 million over three years is available to support Cooperative Research Centres (CRCs) headquartered or with a node located in South Australia. “Stream 1 of the RCSF supports research initiatives that will create innovative solutions and translate research into industry or commercial outcomes that … Continue reading $2.4m in funding to support industry-led research in South Australia →

The NSW Government has announced a new $3 billion acceleration fund to go towards job-creating projects, increasing the government’s infrastructure pipeline to a guaranteed $100 billion. The new $3 billion Infrastructure and Job Acceleration Fund will be used for smaller, shovel-ready projects touching every corner of the state, injecting up to an extra 20 thousand … Continue reading $3 billion boost creates $100 billion infrastructure and jobs pipeline in NSW →

The Victorian government has announced it will support  leading local technology commercialisation and engineering company, Grey Innovation, who has secured a licence from a leading global manufacturer to develop ventilators in Australia. Jobs, Innovation and Trade minister Martin Pakula announced with the backing of a $500,000 government grant, Richmond-based Grey Innovation is well advanced to … Continue reading Local company gets Vic gov backing to develop ventilators →

The Australian Renewable Energy Agency (ARENA) has announced $480,000 in funding over the next 12 months to start-up accelerator program, EnergyLab Australia, to support the Australian startup acceleration program designed to assist clean energy entrepreneurs. EnergyLab has four core programs: 1) Pre-Acceleration which is about helping entrepreneurs with an idea to test its commercial viability. … Continue reading Government funding support for clean energy startups →

The federal government has announced $15 billion in lending for small businesses as part of its $100 billion “bridge” to support the Australian economy through the spread of coronavirus. The Australian Office of Financial Management (AOFM) will be provided with the investment, which will be facilitated through authorised deposit-taking institutions (ADI) lenders over a 12-month … Continue reading $15bn lending for SMEs announced →