Modern Manufacturing Initiative – Manufacturing Collaboration Stream
The Manufacturing Collaboration Stream provides funding for a small number of large, transformational projects. Projects that will either directly feature collaboration or will create and facilitate collaborative ecosystems.
The Manufacturing Collaboration Stream supports large-scale manufacturing projects with:
• Business-to-business collaboration at their core and/or
• Business-to-research collaboration at their core.
- Applications Open: 11 August 2021
- Applications Close: 9 September 2021
- Grants between $20 million to $200 million
- The grant amount will be up to 33% of eligible project expenditure (grant percentage)
- You must complete your project by 31 March 2024
Total eligible project expenditure can be funded through non-government and government sources, subject to the following limitations:
- Contributions from Commonwealth Government sources (including this grant) cannot exceed 50% of total eligible project expenditure. Other Commonwealth sources may include Commonwealth loans, for example from the Clean Energy Finance Corporation, or the Northern Australia Infrastructure Fund.
- Contributions from all government sources (including Commonwealth, State and Territory and local government sources and including this grant) cannot exceed 65% of total eligible project expenditure.
- You must have a minimum of 35% of total eligible expenditure from non-government sources
What is eligible for funding?
To be eligible your project must:
- Aim to meet specific objectives and outcomes which can be discussed.
- Have at least $60.6 million in eligible expenditure.
Eligible activities may include:
- Constructing, establishing, and fitting out new manufacturing facilities, buildings or hubs where they will support high-value added manufacturing activities, collaboration and scaling up manufacturing in Australia
- Transforming existing manufacturing facilities through modifications or refits where this will support high-value added manufacturing activities, collaboration and scaling up manufacturing in Australia
- Design, branding, distribution and after sales services where this will support high-value added manufacturing activities, collaboration and scaling up manufacturing in Australia
- Acquiring, designing, installing, constructing and commissioning new plant, equipment and machinery for new or modified manufacturing facilities/hubs
- Acquiring technology and/or purchasing intellectual property (IP) required to undertake the project
- Proof of concept activities and the commercialisation of research and development outcomes
What companies are eligible for funding?
To be eligible you must:
- Have an Australian Business Number (ABN)
Joint applications are strongly encouraged but applications can be from a single entity.
Additional eligibility guidelines:
- Where your project aligns with one or more of the six National Manufacturing Priorities
- With a minimum of $60.6 million in eligible project expenditure
- Where no more than 50% of your project is funded from Commonwealth funding sources
- Where no more than 65% of your project is funded from all government sources (including Commonwealth, State and Territory and local)
- Where your project shows the potential to expand or promote interstate or international trade
- Where you can provide evidence from your board (or chief executive officer or equivalent if there is no board) that the project is supported, and that you can complete the project and meet the costs of the project not covered by grant funding. The evidence of support template must be used and is available on business.gov.au and GrantConnect
- Where you can provide letters of support from your project partners
- Where you can provide a detailed governance plan including the governance model and arrangements for managing your project and relationships with partners and why the chosen model and arrangements are the most appropriate for your project
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.
This fund was extremely popular in the last round so talk to an Avant Group Advisor today to assess eligibility and register your interest.