Increased investment in advanced manufacturing

The Government will allocate new funding of $100 million to boost innovation, skills and employment in advanced manufacturing.

These measures will: encourage further research; invest in our emerging engineers and scientists; provide facilities to test new products; and develop business capability. Importantly, support to advanced manufacturing businesses will encourage investment in new processes and equipment to ensure that they are world‑leaders in competitive global markets.

A $100 million of measures boosting innovation, skills and employment in advanced manufacturing

Measure Title $ Description
Stimulating advanced manufacturing research projects (SAMRP) $24 million of new funding committed over 2 years

$4 million in grants to support small scale and pilot research projects in advanced manufacturing. These grants (minimum of $100,000) will benefit smaller firms and early stage research, allowing them to more quickly move to larger scale research or commercialisation.

$20 million over 4 years in grants to support larger scale advanced manufacturing research projects of up to $3 million over three years.

Advanced Manufacturing Innovation Labs $10 million of new funding committed over 2 years Innovation Labs will be established in SA and Vic and will serve industry in a variety of roles including test centre facilities and business capability development.
Maintaining engineering excellence $5 million of new funding committed over 2 years Investing in student research through university and technology institutions and industry will maintain the flow of highly trained engineers to the automotive design and engineering industry.
Removing tariffs on prototype imports for motor vehicle design and service $13.5 million reduction in tariff collected over 5 years Motor vehicle design and engineering services operate in a global network. Australian Automotive service providers face tariffs of 5% on imported products such as prototype vehicles and vehicle components. This measure will remove these specific tariffs.
Advanced Manufacturing Growth Fund $47.5 million of new funding committed over 2 years

Building on the successful Automotive Industry Growth Fund the Advanced Manufacturing Fund will provide matched funds of up to one third of project cost to establishing and expanding high value manufacturing in SA and VIC for businesses to undertake capital upgrades to be more competitive by using innovative processes and equipment.

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