Guidelines were released on Wednesday for the federal government’s Modern Manufacturing Initiative “collaboration” stream grants, worth between $20 million and $200 million and supporting large-scale Australian manufacturers with “large, transformational projects.”
The collaboration stream is budgeted at $800 million, and is the largest part of the MMI, announced in October last year and budgeted at a total of $1.3 billion.
Collaboration grants cover up to 33 per cent of costs per project. Projects must have a focus on interstate or international trade, have a “minimum of $60.6 million in eligible project expenditure”, and involve business-to-business or business-to-research collaboration at their core.
The guidelines also mention that grants are for large-scale manufacturers, presumably meaning companies with 1 – 199 employees are ineligible.
As with other MMI grants, collaboration grants are open only to companies in the six “national manufacturing priority” sectors.
The guidelines can be seen here. Applications will be open from August 11 until September 9.
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