Archived Grant Opportunity View - GO4674
MMI – Manufacturing Translation Stream – Resources Technology and Critical Minerals Processing Priority – Round 1
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The Manufacturing Translation Stream will support projects that aid the translation of high quality research and ideas into commercial outcomes and support businesses to scale-up and become more competitive and resilient. It will support businesses to adopt new technologies and improve their manufacturing processes to boost productivity and competitiveness.
Australia’s resource sector is world-class. The sector is a leading exporter of energy and resources commodities, serviced by a highly regarded resources technology sector. In 2019 the Australian METS sector generated $97 billion in revenue, supporting approximately 200,000 jobs. However, resources technology is a manufacturing area with untapped potential that could be leveraged further, based on the capability and innovation of Australian businesses in supporting the competitiveness of our resources sector. There are also opportunities to expand the current market footprint by adapting more of these technologies across other Australian sectors, such as defence and space, and capturing more of global markets.
Australia has significant reserves of the critical minerals and metals which drive the modern global economy. These are used to manufacture advanced technologies such as electric vehicles, mobile phones and renewable energy. However, because the majority of primary ores are shipped overseas for processing, Australia derives a small share of the potential overall benefit. Australia can capture greater benefit from these value chains by undertaking further value adding and manufacturing here.
For the Modern Manufacturing Initiative’s Translation and Integration Stream grant opportunities, an initial combined total of approximately $140 million is available from 2020-21 to 2023-24 across all the National Manufacturing Priorities.
To be eligible you must:
- have an Australian Business Number (ABN)
- be non-tax-exempt
- be registered for the Goods and Services Tax (GST)
- an entity incorporated in Australia, including start-ups and a trading corporation, where your trading activities:
- form a sufficiently significant proportion of the corporation’s overall activities as to merit it being described as a trading corporation; or
- are a substantial and not merely peripheral activity of the corporation.
You must also:
- have a project that aligns with the Resources Technology and Critical Minerals Processing National Manufacturing Priority area
- have a minimum of $2 million in eligible project expenditure
- be able to provide evidence that your project is supported by your board (or Chief Executive Officer or equivalent if there is no board)
- be able to provide evidence that you can meet the costs of the project not covered by the grant funding.
The Grant opportunity guidelines provide further detail on eligibility.
From $1,000,000.00 to $20,000,000.00
To apply, go to: www.business.gov.au/mmit
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