Grants in Aerospace

The Industry R&D Infrastructure Fund will encourage businesses in Victoria to invest in new or improved R&D infrastructure to support the expansion of Victoria’s R&D capability across important industry sectors and increase company R&D spending. The funding with grants up to 50% of project costs, ranging from $250,000 to $2 million can benefit a business, an industry, or both. However, it must demonstrate how the project will increase Victoria’s business expenditure on R&D in the medium to long term.

The $30 million Future Industries Investment Program is a competitive grant program that provides uncapped funding for projects with matched investments of at least 50 per cent or eligible businesses that can create at least 20 full-time equivalent (FTE) jobs in NSW.

The Tasmanian Space Technology Seed Fund offers grants of between $25,000 to $100,000 to eligible businesses to support research and development projects that seek to extend, adapt or develop new products or services for the space economy. The Fund will allocate up to 50% of the eligible costs for projects of up to 18 months in duration.

The $50 million Manufacturing Modernisation Fund is an opportunity for SME manufacturing businesses to receive funding up to $1 million.

Grants for Australian businesses to build capacity to deliver products and services into domestic and/or international space industry supply chains that could support Moon to Mars activities. The aim of the program is to grow Australia’s industry capability and capacity to support NASA’s Moon and Mars endeavours as well as grow skills and capacity within the Australian space industry.