August 11, 2017
It is important that we look at government programs as a means to assist business to achieve what they are looking for – simply speaking – growth and improvements to the bottom line. Advanced Manufacturing Growth Fund This $47.5m program supports capital projects to establish and expand advanced manufacturing activities in Victoria and South Australia. Funding of between $500,000 and $2.5m to cover up to a third of eligible project costs is available. It is part of the 2017-18 Budget designed to boost innovation, skills and employment in advanced manufacturing in Australia. The program supports capital projects by small and medium enterprises that expand and establish advanced manufacturing using advanced technologies, design and engineering excellence or innovative business processes. The program aims to improve the overall efficiency and competitiveness of firms by increasing investment in advanced manufacturing activities in Victoria…