Archived Grant Opportunity View - GO5172

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.

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.

$29,000,000.00

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

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

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

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