The Federal Government is offering Food & Beverage manufacturers grants of up to $20m to upskill the manufacturing workforce, develop new supply chains, implement Industry 4.0 manufacturing & traceability processes and encourage research & industry collaboration.
Through the Modern Manufacturing Initiatives program funding is being offered on a 1:1 basis, with the Federal Government contributing up to half the cost of eligible projects. The minimum funding for this round is $1m, with the average grant awarded expected to be approximately $4m.
Grants will be awarded through two funding streams – Translation and Integration.
Translation Grants: awarded to businesses who use new automated technology and equipment to produce new high value-add food and beverage products and production methods.
Integration Grants: available for businesses looking to invest and grow their businesses to support entry into new local and global value chains.
Grant funding received through both schemes can be used toward:
Eligible plant and equipment
Certain salary expenditure
Other costs incurred in the process of completing the project
Grant funding is awarded through a competitive process, with applicants having to submit a comprehensive application prior to the 27 April 2021 closing date.
The application is highly complex and must demonstrate the technical and business outcomes of the project in a clear and succinct manner.
Grant applications should be made through the Australian Government’s grants portal.
Who is eligible
Manufacturers in the Food and Beverage sector that are incorporated in Australia are encouraged to apply. Joint applications are welcome provided the lead applicant can fulfil the relevant eligibility criteria.
Partnerships, individuals and government bodies are unable to apply to this fund.
Applications to both funds opened on 29 March 2021 and will close at 5pm on 27 April 2021.
How ShineWing Australia can assist
The application process is competitive and complex, with limited funds on offer.
ShineWing Australia’s Government Incentives team can assist in project identification, writing comprehensive applications, and liaising with program managers to maximise your chance of funding success.
Get in touch
To learn more and find out how you can seize the opportunity, contact Sam Morris or John Anderson.