Grants in Manufacturing

The Tasmanian Freight Equalisation Scheme offers financial aid to both businesses and individuals, helping offset the expenses associated with transporting goods via sea routes. It specifically targets eligible non-bulk goods, aiming to level the playing field for Tasmanian industries. Given the geographical constraints that limit interstate transportation options to road or rail, this scheme ensures Tasmanian shippers can compete on par with counterparts in other markets.

The Defence Ready Initiative (DRI) aims to financially support SMEs in Western Australia engaged in the Defence sector, enhancing their business capability, capacity, and competitiveness. The goal is to enable these businesses to serve as suppliers for products, services, and works aligned with Defence requirements.

NSW MVP Ventures Program is committed to supporting startups and innovative small and medium enterprises (SMEs) across the product lifecycle, bridging the gap between early-stage research and mature investment opportunities. The program offers grants designed to accelerate the commercialisation of highly innovative products or processes. The Program aims to: support businesses in increasing the commercialisation of innovative products and processes in NSW, and attract and retain commercialisation activities within the state.

The Australia-UK Renewable Hydrogen Innovation Partnerships is a 3-year program, spanning from 2023-24 to 2025-26, emblematic of the Australian Government's commitment to global collaboration in clean energy and technology. Aligned with the United Nations Framework Convention on Climate Change and the Paris Agreement, this initiative underscores Australia's dedication to meeting international climate obligations. Announced on 31 July 2023, this program is a pivotal element of the joint funding call with the United Kingdom (UK), complemented by the UK Government's (Innovate UK) Australia-UK Renewable Hydrogen Innovation Competition. In line with the Government's Strategic International Partnerships measure, the program provides Australian companies with funding support of up to $10 million for hydrogen research, development, and demonstration projects conducted in collaboration with UK companies. Projects must align with the objectives outlined in both the Australian Government’s National Hydrogen Strategy and the State of Hydrogen 2022 report. This includes the production of renewable hydrogen and derivatives, and the use of hydrogen in hard-to-abate industries, such as iron and steelmaking, chemicals and heavy transport sectors.

The Industry Growth Program offers support to innovative small and medium enterprises (SMEs) engaged in commercialisation and/or growth projects within the priority areas of the National Reconstruction Fund (NRF). This program comprises Advisory Services and opportunities for matched grant funding. Businesses that have received Advisory Services through the program are eligible to apply for matched grant funding to enhance their projects.

The New Energies Industries Funding Stream, within the IAF, actively contributes to the economic development of WA by focusing on diversification and decarbonisation. This funding stream specifically targets the acceleration of innovation in Western Australia, facilitating the scaling up of commercial potential and the expansion of local manufacturing capacity in emerging sectors like battery and critical minerals, renewable hydrogen, carbon capture and utilisation storage (CCUS), as well as solar and wind.

The Manufacturing Energy Efficiency Grant (MEEG) Program, funded at $7.1 million by the Queensland Government, supports the manufacturing sector in enhancing its competitiveness in a low-carbon future. This is achieved through the implementation of energy-efficient measures that reduce both energy costs and operational emissions. Queensland-based manufacturers who aim to improve energy efficiency, adopt advanced technology, lower energy consumption and associated expenses, reduce emissions, and promote energy awareness are encouraged to apply.

The Made in Victoria - Manufacturing Growth Program Round 2 is designed to promote business investment in sectors where Victoria holds a substantial competitive edge, with a focus on generating employment opportunities and ensuring the long-term sustainability and prosperity of these industries. The program's primary aim is to help small and medium-sized manufacturers (SMEs) in Victoria who are in a phase of growth and require support to extend their manufacturing operations, with the subsequent objectives: - enhancing their capacity and capabilities through the adoption of new manufacturing technologies, as outlined in the Made in Victoria 2030 Manufacturing Statement; - enhancing productivity and competitiveness within local and global supply chains; - facilitating the creation of new employment opportunities and the development of worker skills; - contributing to Victoria's transition towards net-zero emissions.

The program is a strategic initiative designed to assist Victorian manufacturers to seize opportunities in producing goods or components that support the transition towards net zero and low emissions technologies by 2045.