The Morrison Government is investing further in the future of the Australian automotive industry with $4.5 million in grant funding for innovative new projects.
Applications for the second round of the Automotive Innovation Lab Access Grants (AILAG) program open today. Grants will support businesses across Australia to undertake automotive product design, development and testing at specialised facilities.
Minister for Industry, Science and Technology Karen Andrews said the grants are part of the Government’s ongoing efforts to back the automotive and advanced manufacturing sectors.
“The grants will help businesses advance their technical capabilities and get their products to market sooner, enabling Australian businesses to grow and create new jobs,” Minister Andrews said.
“Automotive manufacturing is a massive industry, supported by complex international supply chains. In such a fast-paced global market, it only takes a small innovation from an Aussie business to generate a huge opportunity.”
“We know there are some great businesses working on new automotive products, and these grants will help them access the expertise and facilities to bring those product ideas to life.”
Businesses can receive up to $200,000 in matched funding for eligible project costs. Eligible project costs include design, prototype and testing activities at established commercial and research facilities and Automotive Innovation Labs.
AILAG is a key element of the Government’s $100 million Advanced Manufacturing Fund, supporting Australian workers and businesses to move into new areas of growth in advanced manufacturing.
Program applications close on 24 February 2020, and applications can be made at www.business.gov.au/AILAG