Federal funding for clean energy, resources tech, critical minerals and recycling jobs opening soon
The Australian Government has committed $280 million in funding for manufacturers to grow and create new jobs
The matched funding is available through Round 2 of the Integration and Translation Streams of the $1.3 billion Modern Manufacturing Initiative (MMI). The MMI is the centrepiece of the Modern Manufacturing Strategy, designed to position Australia as a globally recognised, high-quality and sustainable manufacturing nation.
Applications will soon open for businesses in the six National Manufacturing Priority Areas; Space, Medical Products, Resources Technology and Critical Minerals Processing, Food and Beverage, Recycling and Clean Energy, and Defence.
Minister for Industry, Energy and Emissions Reduction Angus Taylor said the matched funding will help manufacturers break into new markets and translate great ideas into commercial outcomes.
“Our manufacturing sector is going from strength to strength, with more than a million Australians employed in manufacturing and strong confidence in the future of the sector.”
“We know our manufacturers will lead the charge when it comes to our economic recovery from the pandemic – and that’s why we’re investing in them to help secure our future,” Minister Taylor said.
Applications will open in two tranches, starting 13 December 2021.