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Manufacturing grants aim to boost Mallee growth

MALLEE manufacturers with projects that are ready to go are being encouraged to apply for a Manufacturing Modernisation Fund (MMF) grant.

Any businesses with prepared projects and a goal to grow have been encouraged to apply.

Businesses will be able to apply for between $100,000 and $1 million to invest in new technology as the Federal Government continues to support the comeback from COVID-19.

Member for Mallee Anne Webster said the government was backing businesses to back themselves and grow.

“We want to help take hard-working manufacturers like those in the Mallee and Wimmera to the next level, because we know if they prosper, our community prospers,” Dr Webster said.

“Mallee is home to over 500 manufacturing businesses and is a significant employer of locals,” she said.

“By helping our manufacturers become more competitive, we not only create more direct jobs, but jobs in businesses right along the supply chain – from our farmers to our truckies.”

In round 1 of the MMF in April, the government invested $48.3 million in almost 200 projects valued at more than $215 million. The projects are expected to create about 2600 new jobs.

Round 2 is focusing on the nation’s strengths with the projects needing to align with the National Manufacturing Priorities announced as part of the government’s Modern Manufacturing Strategy.

The National Manufacturing Priorities are resources technology and critical minerals processing, food and beverage industries, medical products, recycling and clean energy, defence and space industries.

Applications for round 2 of the MMF will be open until January 21.

For more information on the MMF, including how to apply, visit business.gov.au/mmf.

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