What is it?
If you are undertaking a project to develop and commercialise new or improved products or manufacturing processes related to the Defence sector, you could be eligible to apply for MMI grant funding under the following streams:
- The Manufacturing Translation Stream provides businesses with funding to support projects that translate high quality research into commercial outcomes and support businesses to scale-up and be more competitive and resilient.
- The Manufacturing Integration Stream supports projects that integrate Australian businesses into domestic and international value chains, propelling their goods and services into new markets.
What is available?
Co-funding grants of between $1 million and $20 million are available to cover up to 50% of eligible project expenditure. Your eligible project expenditure must be at least $2 million to apply for the minimum funding amount.
What are the eligibility criteria?
- Be a trading entity incorporated in Australia, have an ABN, be registered for GST, and be non-tax exempt.
- Have a minimum of $2 million in eligible project expenditure and be able to provide evidence that you can meet the costs of your project not covered by grant funding.
- Demonstrate that your project aligns with the Defence National Manufacturing Priority – projects that may qualify include:
- Commercialisation of products or components that align with or contribute to the acquisition or sustainment of Australian defence capability priorities such as advanced materials, secure communications and vehicle protection
- Embedding Industry 4.0 technologies into defence products or utilising digital technology and platforms through pilots, asset replacement or upgrades to improve the quality, value, usability and competitiveness of Australian manufactured defence products, components or services
- Commercialisation opportunities to increase the adoption of non-defence civil technologies such as space-based surveillance technologies, unmanned aerial/maritime vehicles and advanced remote monitoring systems.
Applications are now open and are due on Wednesday, 28 April 2021 at 5pm AEST.