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Ongoingbusiness.gov_au

Funding for manufacturers to modernise and reskill

Overview

Round 2 of the Manufacturing Modernisation Fund provides co‑funded grants to help small and medium manufacturing businesses modernise through capital investments and associated reskilling, supporting adoption of new technologies, productivity improvements and job growth.

Eligibility Criteria

To be eligible you must:

  • have an Australian Business Number (ABN)
  • be non‑tax exempt
  • be registered for the Goods and Services Tax (GST)
  • be an entity incorporated in Australia (including start‑ups) and a trading corporation where trading activities form a sufficiently significant proportion of overall activities or are a substantial activity of the corporation
  • be a manufacturing small and medium‑sized Australian enterprise (SME) with up to 199 employees (headcount)
  • have a minimum of $400,000 in eligible project expenditure
  • be able to identify the level of Australian job creation expected from your project
  • demonstrate your project aligns with one or more of the six National Manufacturing Priorities (resources technology and critical minerals processing; food and beverage; medical products; recycling and clean energy; defence; space)
  • and be able to provide evidence that the project is supported by your board, you can complete the project, and you can meet the costs of the project not covered by grant funding
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Quick Info
Funding Amount
$100,000 - $1,000,000
Closing Date
Ongoing - No closing date
Eligible Locations
National (All States)
Eligible Business Types
Company, Trust

Last updated: 12 February 2026