THE HON. GREG HUNT MP
Federal Member for Flinders
Minister for Health and Aged Care
THE CHRISTIAN PORTER MP
Federal Member for Pearce
Minister for Industry, Science and Technology
Manufacturers across the Mornington Peninsula can now apply for a share of $800 million in funding for major job creating projects under the Morrison Government’s $1.3 billion Modern Manufacturing Initiative.
Funding of between $20 million and $200 million is available, covering up to 33 per cent of eligible project expenditure.
Federal Member for Flinders, the Hon. Greg Hunt MP called on manufacturers across the Mornington Peninsula to lodge their applications for funding before September 9.
“Manufacturers across the Mornington Peninsula should apply for and take advantage of these grants as soon as possible before September 9th,” Minister Hunt said.
“The $1.3 billion Modern Manufacturing Initiative is designed to support Australian manufacturers like Sealite Pty Ltd, based in Somerville, who recently received $119,456 to modernise their manufacturing through state-of-the-art automated electronic circuit board capability.”
“Manufacturing projects not only create new business opportunities, but more opportunities for employment and expanding our local and national economy.”
Minister for Industry, Science and Technology, the Hon Christian Porter MP, said the Government will strategically invest in projects that will help manufacturers to scale up and create jobs, with investments targeted at projects within the six National Manufacturing Priority areas.
“As a Government we plan to harness Australia’s manufacturing capability to drive job creation and spur private investment, especially as we chart our economic recovery from COVID-19 and build our future resilience,” Minister Porter said.
“Through the Collaboration Stream, we are determined to co-invest in industry-led proposals that will transform our National Manufacturing Priority areas, by encouraging manufacturers to move up the value chain to higher value, higher margin activities, including drawing on our world class research.
The Morrison Government’s six National Manufacturing Priority areas are: medical products; clean energy and recycling; food and beverage; defence; space and; resource technology and critical minerals processing.
Applications can be lodged from today until 9 September. More details and the guidelines are available at www.business.gov.au/mmic