The Modern Manufacturing Initiative (MMI) is a $1.3b funding program, part of the Federal Government’s Modern Manufacturing Strategy that aims to build a strong and resilient manufacturing sector in Australia.
The MMI will provide funding for large manufacturing projects with broad benefits across the sector, specifically in the national priority areas of:
- Medical Products
- Resources Technology and Critical Minerals Processing
- Food and Beverage
- Recycling and Clean Energy
Funding of $1m to $20m is available for projects on a matched funding basis, so eligible projects must have a minimum $2m expenditure.
The application dates for each priority area will vary but will only be open for a limited time. The Space and Medical Products applications are now open with closing dates of 22 March 2021 and 29 March 2021 respectively.
For more grant eligibility and more information, please click here
HOW CAN RSM HELP?
The team at RSM can assist you in the application process for the grant so please contact your local RSM office.