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16 December 2020
Member for Mallee Anne Webster has stressed a need for manufacturers across her electorate with ‘shovel-ready’ projects that invested in new technology to apply for government support.
Ms Webster said businesses that qualified for the Manufacturing Modernisation Fund money would be able to apply for between $100,000 and $1-million.
She said the support reflected Federal Government efforts to ‘back businesses to back themselves and grow’.
“We want to help take hard-working manufacturers like those in the Wimmera and Mallee to the next level, because we know if they prosper, our community prospers,” Dr Webster said.
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“Mallee is home to more than 500 manufacturing businesses and is a significant employer of locals.
“By helping our manufacturers become more competitive, we not only create more direct jobs, but jobs in businesses right along the supply chain – from our farmers to our truckies.”
Industry, Science and Technology Minister Karen Andrews said the second round of the program was a key part of the government’s $1.5-billion Modern Manufacturing Strategy.
“The Morrison government knows that manufacturing is central to our nation’s economic future and creating jobs for the recovery from COVID-19 and for future generations,” she said.
“In these uncertain times, we’re giving manufacturing businesses the confidence and certainty they need to invest in themselves to deliver new and innovative products and services.
“We want to deliver more products for Australians, and beyond that, we want to open up more opportunities for manufacturers to take on the world with their top quality products.”
The government invested $48.3-million in almost 200 projects valued at more than $215-million in round one of the program in April.
Expectations were that the projects would create about 2600 jobs.
Round two focuses on the nation’s strengths, with projects needing to align with a National Manufacturing Priorities plan.
The priorities are: Resources technology and critical minerals processing; food and beverage; medical products; recycling and clean energy; defence; and space.
Round-two funding applications are open until January 21.
People can visit www.business.gov.au/mmf for more information.
The entire December 16, 2020 edition of The Weekly Advertiser is available online. READ IT HERE!