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Manufacturers Modernisation Fund (MMF)

The new Labor Government is currently reviewing the funding allocations made by the prior Government under this program and many others with a view of redirecting funds into their newly announced $15b National Infrastructure program. Further news will be made available after the October budget.

What do you get?

Co-funding grants of between $100,000 and $1 million, up to 25 per cent of eligible project expenditure.

Who is this for?

Small to medium manufacturing enterprises (SMEs) with up to 199 employees.

The Manufacturing Modernisation Fund supports manufacturers by co-funding capital investments and associated reskilling to:

  • adopt new technologies
  • encourage innovation
  • become more productive and competitive in the market and
  • create more jobs.

The program aims to support SMEs through:

  • investment in transformative manufacturing technology and processes
  • jobs growth and a more highly skilled workforce in the manufacturing sector.
  • Supports transformative investments in technologies and processes including:  
    1. buying, constructing, installing, or commissioning of manufacturing plant and equipment 
    2. integrating production-related software that is directly related to your capital investment.
    3. relevant training and skills development to assist you to integrate the new technology into your business, including upskilling and accreditation in advanced processes.
    4. process design and engineering directly related to your capital investment.
    5. fit-out, alterations, and/or extensions to buildings directly related to your capital investment.

To be eligible you must:

  • have an Australian Business Number (ABN)
  • be non-tax exempt
  • be registered for the Goods and Services Tax (GST)

and be:

  • an entity incorporated in Australia, including start-ups, and a trading corporation where your trading activities:
    • form a sufficiently significant proportion of your overall activities as to merit it being described as a trading corporation; or
    • are a substantial and not merely peripheral activity of your corporation.

You must also be:

  • a manufacturing small and medium-sized Australian enterprise (SME) with up to 199 employees (headcount)
  • have a minimum of $400,000 in eligible project expenditure
  • able to identify the level of Australian job creation expected from your project
  • able to demonstrate your project aligns with one or more of the six National Manufacturing Priorities:
    • resources technology and critical minerals processing
    • food and beverage
    • medical products
    • recycling and clean energy
    • defence
    • space.

You must also be able to provide evidence that:

  • the project is supported by your board
  • you can complete the project
  • you can meet the costs of the project not covered by grant funding.

Project Level

    1. adopt new or transformative manufacturing technologies
    2. deliver efficiency improvements
    3. increase jobs and a more highly skilled workforce in your business
    4. use design and engineering excellence
    5. create innovative and efficient business processes, to enhance the competitiveness of your business
    6. take advantage of a market opportunity in Australia and overseas
    7. align to AMGC’s strategic priorities

Business Level

  1. a track record in managing similar projects
  2. access to personnel with the right skills and experience, including management and technical staff
  3. a solid plan to manage the project including scope, implementation methodology, timeframes, delivery risks, and budget access
  4. access to any required infrastructure, capital equipment, technology, intellectual property, and regulatory or other approvals.

Grant Level

  • will help the project to proceed
  • will have a positive impact on the size, scale, or timing of your project
  • co-contribution and additional benefits to the project and business

MMF Round 2 list of recipients can be found here:

Eligibility criteria link:

The maximum project period is 2 years.

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