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Current Grant Opportunity View - GO5172

Securing Raw Materials Program Round 2

Contact Details

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132846

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GO ID:
GO5172
Agency:
Department of Infrastructure, Transport, Regional Development and Communications
Close Date & Time:
24-Feb-2022 5:00 pm (ACT Local Time)
Show close time for other time zones
Primary Category:
261001 - Industry Innovation
Secondary Category:
261003 - Business Development
Publish Date:
22-Dec-2021
Location:
ACT, NSW, VIC, SA, WA, QLD, NT, TAS, Administered Territories
Selection Process:
Open Competitive

Description:

The Securing Raw Materials Program provides businesses with up to $5 million to relocate or expand into regional Australia and partner with a regional university or research organisation to undertake research into, and/or development of, innovative and locally sourced raw material supplies (including establishing new suppliers or products and value adding to existing known supplies). The program recognises that establishing or securing a supply of raw materials is a crucial element of business success.

The program will:

  • support research into and/or development of innovative and locally sourced raw material supplies and capitalise on a region’s comparative advantages
  • increase economic activity, diversity and jobs in regional areas, including by establishing new industry sectors, businesses and suppliers
  • support and strengthen partnerships between industry and regional universities and research organisations located in regional areas.

The intended outcomes of the program are:

  • industry growth and economic resilience in regional Australia
  • stronger supply of, and access to, innovative and improved raw materials for industry
  • increased research, investment and economic capacity in Australia’s regions.

There is a total of $29 million over four years available for this grant round.

Grants will be from $250,000 to $5,000,000. The grant amount will be up to 50% of eligible project costs.

Eligibility:

Eligible entity

You must:

  • have an Australian business number (ABN)
  • be an entity incorporated in Australia and a trading corporation
  • have at least 10 full-time staff who will work in the new regional area.

Eligible project

Your project must:

  • partner with a regional university or research organisation to research and/or develop innovative or improved locally sourced raw materials
  • have at least $500,000 in eligible expenditure
  • include your business relocating or expanding from a capital city to a regional area or expand from a regional area into a different regional area.

Eligible activities

Eligible activities may include:

  • research and/or development of:
    • new or improved raw materials
    • methods of processing or growing raw materials
    • technologies to produce raw materials
    • new uses for existing raw materials
  • commercialising research outcomes
  • establishing a new facility to process, use or add value to raw materials in the first 12 months of your project.

Check full eligibility details in sections 4 and 5 of the grant opportunity guidelines.

Total Amount Available (AUD):

$29,000,000.00

Estimated Grant Value (AUD):

From $250,000.00 to $5,000,000.00

Instructions for Application Submission:

This grant opportunity will open for application on 6 Jan 2022.

To apply, go to: www.business.gov.au/srmp2

Other Instructions:

business.gov.au provides information and advice to customers via a range of channels including phone (13 28 46), email and web chat. Contact us for assistance.

Contact Details

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132846

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