Up to $2 million in co-funding grants for manufacturers to address supply chain vulnerabilities

Written By Anne Furey

The Australian Government is offering $50 million in grants, up to $2 million each, for manufacturers to improve supply chains for critical products.

The Supply Chain Resilience Initiative is offering grants on a 50:50 co-funding basis, from $50,000 up to a maximum grant of $2 million.

The funding will support businesses to establish or scale a manufacturing capability or related activity to address supply chain vulnerabilities associated with critical product vulnerabilities including:

  1. Biopharmaceutics (medicines)

  2. Agricultural Production Chemicals'

Project should demonstrate how their project:

  • builds a better understanding of critical supply chains

  • works with industry to identify supply options to address vulnerabilities

  • addresses vulnerabilities identified in the Sovereign Manufacturing Capability Plan by incentivising Australian businesses to invest in capabilities through new equipment, technology, skills and processes

Eligible projects must show:

  • a minimum of $100,000 in eligible project expenditure

  • that you are a manufacturing business or a business within the manufacturing supply chain

  • that your project addresses supply chain vulnerabilities associated with critical product categories

  • evidence from your board (or CEO) that the project is supported

  • that you can complete the project and meet the costs of the project not covered by the grant funding

  • how you will provide your share of project costs

The program is open for applications to be submitted, and will close on 12 August 2021 (5PM AEST).

Anne Furey