Are you considering an application to Round 2 of the Next Generation Manufacturing Investment Programme?
If so, this free AusIndustry information session may help you decide whether to go ahead, and what you need to do to make a competitive application.
The Next Generation Manufacturing Investment Programme supports eligible businesses to bring forward capital investment projects, that will help
them to establish or expand their high value manufacturing operations in South Australia.
In Round 2, businesses will be able to apply for grants ranging from $500,000 to $2.5 million, for up to a third of their total eligible project costs.
The programme is competitive and merit based. The assessment process will consider:
- the net economic benefits the projects will deliver to South Australia
- evidence of high value manufacturing, such as a focus on technological innovation, advanced processes and a highly skilled workforce;
- value for money, including evidence of the impact grant funding would have on the project going ahead and the outcomes achieved.
Round 1 of the Next Generation Manufacturing Investment Programme supported 26 businesses from a wide range of manufacturing sectors,
such as defence and aerospace, transportation, steel, and the pharmaceutical and medical device sectors.
New Programme Guidelines have been released for Round 2, which are focused on getting the best return on investment through the grants.
Applications under Round 2 of the NGMIP will close on Monday, 18 April 2016.
Before registering for a seminar, please read the Programme Guidelines and additional information.
All prospective applicants are advised to review the eligibility and merit criteria, and the examples of projects funded through Round 1.
There are three free information sessions available in South Australia: