https://www.miningweekly.com
Cutting|Energy|Industrial|Innovation|Manufacturing|Projects|Resources|Technology|Manufacturing |Products
Cutting|Energy|Industrial|Innovation|Manufacturing|Projects|Resources|Technology|Manufacturing |Products
cutting|energy|industrial|innovation|manufacturing|projects|resources|technology|manufacturing-industry-term|products

Manufacturing given a A$30m boost

11th March 2021

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – The federal government on Thursday announced A$30-million in funding to support Australian manufacturing, with a focus on six priority areas, including resources technology and critical minerals processing.

Minister for Industry, Science and Technology Karen Andrews said the Commercialisation Fund will foster projects that bring industry and researchers together to commercialise new manufacturing products and processes. 

“Making science and technology work for industry is one of the central pillars of our government’s A$1.5-billion Modern Manufacturing Strategy and this fund is just one of the ways we’re delivering on that,” Andrews said.

“The government is positioning Australia’s manufacturing industry at the cutting edge of innovation and this fund will help bring together the best of research and manufacturing capability to generate commercial outcomes. 

“We know that by making our manufacturers more competitive and helping them to take on the world, we will create jobs for Australians, both for the Covid-19 recovery and for generations to come.”

Commercialisation Fund grants will be between A$100 000 and A$1-million and must be matched by industry. These smaller-sized grants will complement the larger projects that will be supported through the A$1.3-billion Modern Manufacturing Initiative.

Projects must include collaboration with a research partner and a minimum of one industry partner.

The fund will run over an 18-month period, and the first round of funding, which opens on Thursday, will provide A$20-million while a subsequent round will deliver the remaining $10-million. 

The fund will be managed and administered by the Advanced Manufacturing Growth Centre, in collaboration with the five other Industry Growth Centres: AustCyber, Food Innovation Australia Ltd, MTPConnect, METS Ignited and National Energy Resources Australia, as well as the Commonwealth Scientific and Industrial Research Organisation. 

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Latest News

Rob Krcmarov
New CEO for US silver miner Hecla
4th November 2024 By: Mariaan Webb

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (01/11/2024)
1st November 2024 By: Martin Creamer
Magazine round up | 01 November 2024
Magazine round up | 01 November 2024
1st November 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.058 0.088s - 128pq - 2rq
Subscribe Now