Innovation Challenges

The $50 million Manufacturing Modernisation Fund supports manufacturers to modernise, adopt new technologies, become more productive and create more jobs by co-funding capital investments and associated reskilling.
Modernisation can include technology upgrades, efficiency upgrades, such as energy or process optimisation, or more transformative changes to your business, which will allow you to produce new products or diversify into new markets.
The program aims to:
The program will run over 3 years and will be delivered through two streams of funding:
The maximum grant period is 2 years.
To be eligible you must:
You must also:
For more information on eligibility please refer to the grant opportunity guidelines.
For complete details on the terms and conditions that govern the Manufacturing Modernisation Fund please refer to the website.