Support for government grant applications available

The best way to get Australian manufacturing moving is to invest in new technology to increase global competitiveness. Government grants are available to businesses to support the review, implementation, acquisition or innovation of new technology or energy-efficient resources in their business. However, many companies aren’t aware of which government grants they are eligible for.

The Australian Manufacturing Technology Institute Limited (AMTIL) supports its members in their efforts to find and apply for relevant grants, including the Victorian Investing in Manufacturing Technology (IMT) grant or the Federal Clean Technology Innovation and Investment Program, which are currently open to applications.

“A dedicated long-term commitment from both state and federal governments to encourage investment in technology is critical to our manufacturing future,” AMTIL CEO Shane Infanti said. “We applaud the current efforts and look forward to our members taking advantage of the opportunities the programs present.”

In Victoria, 19 local manufacturers have already shared $3.4 million to invest in new technology and equipment designed to boost productivity. According to the state government, the projects supported under the first round of the IMT program represent almost $14 million worth of investment in new technology, processes and equipment. The projects are expected to create at least 82 new jobs and transition 164 employees to higher value roles.

Applications for Round 3 are currently open for eligible manufacturers with a presence in Victoria to receive grants of up to $250,000. The IMT initiative assists manufacturers to purchase and integrate new technologies that will improve productivity and competitiveness, strengthen capability and have a transformative impact on their business by encouraging wider and ongoing innovation. Applications close on 12 April.

Businesses in Victoria may also eligible for the Smarter Resources Smarter Business Program, which provides up to $15,000 for businesses to review their activities and $10,000 for the identification and implementation of resource efficiency improvements.

Another grant worth investigating is the Federal Clean Technology Investment Program, announced in early 2012 by the Minister for Industry and Innovation, Greg Combet.

The Clean Technology Investment Program is a central element of the Clean Energy Future plan. The program is an $800 million competitive, merit-based grants program to support Australian manufacturers to maintain competitiveness in a carbon-constrained economy. This program will provide grants for investments in energy-efficient capital equipment and low-emission technologies, processes and products.

For more information about these grants and available assistance, contact AMTIL on 03 9800 3666 or visit the AMTIL website.