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QLD Manufacturing Hubs Grant Program
- Applications open: Round 3 is open until 30 June 2024 or until all funding is allocated.
- Grants: between $10,000 and $500,000
The program aims to help SMEs build their advanced manufacturing capabilities and support Queensland regional manufacturing industry.
Key Requirements
By assisting small to medium companies (SMEs) in developing their capacities for advanced manufacturing, the Manufacturing Hubs Grant Programme (MHGP) Round 3 supports the expansion of Queensland’s regional manufacturing sector.
The program assists regional manufacturing SMEs to:
- increase productivity through fostering global competitiveness, creating jobs, and strengthening the economy’s personal financial commitment
- adopting new technologies in the areas of machinery, robotics, systems, software, and data utilisation analytics
- enhance energy sustainability and efficiency, and advance energy and carbon footprint management
- with improved management competence, establishing and maintaining high-performing workplace leadership, training qualified workers, and advanced manufacturing traineeships and apprenticeships.
What is eligible for funding?
Grants will be awarded to applicants who are successful in their application to enhance their advanced manufacturing abilities through the following approved activities:
- adoption of technology
- training and skills development
- business growth
- services provided by ARM Hub
What companies are eligible for funding?
To qualify for funding under the MHGP, an applicant must meet the following criteria:
- be registered for GST and hold an active Australian Business Number (ABN)
- be an SME (i.e., an Australian company with five to two hundred full-time equivalent employees) demonstrate that the company should be classified as an SME (for which its manufacturing is the primary activity and the source of the vast bulk of annual revenue
- have its primary business in one of the Queensland SA4 Regions that are eligible (Cairns Central Queensland, Mackay, Townsville, and the Gold Coast)
- have been in business in Queensland for at least three years before submitting their application
- have a proposed eligible activity that meets the requirements set out in eligible activities
- be able to demonstrate the expected outcomes of the proposed eligible activity
- acknowledge that any or all of the funded products may require protection, as determined by the department
- not have an ongoing application at the time of writing and not be an associated entity of such an entity financing arrangements for the MHGP
- not be insolvent, not have bankrupt owners or directors, or both
- possess the resources and position needed to carry out the proposed eligible activity, which contains the financial resources to contribute to the project and is not a federal, state, or local grant government organisation, statutory body, or non-profit group
- be prepared to enter into a legally-binding financial arrangement with the department that qualifying activities will get funds to be carried out
Applicants should be aware that a detailed due diligence and probity review may be conducted on them, including but not limited to checks and searches such as:
- genuine checks on the application (status, ownership, corporate structure, directors review, etc.)
- background checks (ACCC, Banned & Disqualified, Bankruptcy, Adverse Media, and probity checks Courts)
- financial viability (financing capacity and sources) and competency (previous financials)
- risks related to business and activity, and planned mitigations
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.