Round 2 of the Manufacturing Modernisation Fund supports transformation in small and medium manufacturing businesses. It provides co-funded grants to transform manufacturing and to support job growth and a more highly skilled workforce. $50 million will be available for this grant opportunity from 2020-21 to 2022-23.
The Manufacturing Modernisation Fund is the first of the key initiatives to launch as part of the Australian Government’s Modern Manufacturing Strategy, which aims to help Australian manufacturers scale-up, compete internationally and create jobs.
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