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.
- medical products,
- clean energy and recycling,
- food and beverage,
- defence,
- space, and
- resource technology and critical minerals.
The guidelines can be seen here. Applications will be open from August 11 until September 9.
Picture: DISER
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