TAS Advanced Manufacturing Skills 2 Manufacturing Program
- Applications open until: 30 June 2024
- Grants up to: $15,000
The Advanced Manufacturing Skills 2 Manufacturing Program aims to support Tasmanian-based advanced manufacturing to undertake non-accredited training activities that will support the development of the advanced manufacturing workforce.
Assessment is based on the quality of the information provided by the applicant at the time of submission against the assessment criteria. All applications are subject to a merit process, based on the following criteria:
- Demonstration that the applicant is an advanced manufacturer or has the potential to become an advanced manufacturer with the proposed project.
- Demonstration that the training is not achievable through accredited training (through a Training Package qualification or skill set).
- Demonstration that the proposed training is an industry recognised, clearly links to and improves workforce development opportunities for the advanced manufacturing sector in Tasmania.
- Identification of the training objectives, implementation, needs, benefits, outcomes and budget.
What is eligible for funding?
An eligible application must link to and improve workforce development opportunities for the advanced manufacturing sector in Tasmania. The program provides a reimbursement of up to 50 per cent of approved project costs up to a maximum of $15,000.
Examples of eligible expenditures include:
- short courses
- product specific training
- industry/organisation-specific training
- safety awareness training.
What companies are eligible for funding?
To be eligible for financial assistance from the program the applicant:
- must be able to demonstrate that they are a Tasmanian-based advanced manufacturing enterprise, or relevant industry group supporting Tasmanian advanced manufacturing enterprises
- must have an Australian Business Number and be registered for GST
- cannot receive more than $15,000 per financial year under this program
- must have annual sales turnover greater than $175,000 (indicatively) and less than $50 million.
- must not be a consultant or intermediary, and
- must not be subject to any legal disability, including bankruptcy or liquidation.
Is this grant competitive or entitlement based?
Competitive. Your application will be assessed among other applications by a judging panel.
How can I increase my chances of winning this grant?
By engaging an accredited government grants consultant, such as Avant Group.
Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.
As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.
Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project
- Industry analysis presentation
- Competitor Analysis Presentation
- Marketing and Sales Analysis Presentation
- 3-5 year Cashflow Forecast
- 3-5 year Balance Sheet Forecast
- Cost-Benefit Analysis of Grant Funding
- End-to-end grant application including information collating, analysis and application writing
- CAPEX (Capital Expenditure) cost-benefit analysis
- Stakeholder relations and Risk Mitigation Plans
- Any other relevant forecasting that will support your application
How can I get help with my application? Or know if I’m likely to win funding?
Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.