Manufacturing Modernisation Fund – Round 2

Overview

Round 2 of the Manufacturing Modernisation Fund supports manufacturers by co-funding capital investments and associated reskilling to: adopt new technologies encourage innovation become more productive and competitive in the market and create more jobs. The program aims to support small to medium manufacturing enterprises (SMEs) through: investment in transformative manufacturing technology and processes jobs growth and a more highly skilled workforce in the manufacturing sector. Round 2 will run over 3 years (2020-21 to 2022-23) and supports transformative investments in technologies and processes including: buying, constructing, installing or commissioning of manufacturing plant and equipment integrating production-related software that is directly related to your capital investment relevant training and skills development to assist you to integrate the new technology into your business, including upskilling and accreditation in advanced processes process design and engineering directly related to your capital investment fit-out, alterations and/or extensions to buildings directly related to your capital investment. The maximum project period is 2 years.