Queensland manufacturing to get $15.5 million shot in the arm
The Queensland economy’s recovery from the COVID-19 pandemic continues with the Queensland Government unveiling a fourth round of the highly successful Made in Queensland grants program.
The program, now totalling $61.5 million, helps small and medium manufacturers transform their businesses and create jobs in the state’s rebounding economy.
In the first three rounds of Made in Queensland we’ve invested $46 million into our manufacturing sector, which is supporting 84 advanced manufacturing projects, generating over 1100 new jobs and underpinning $100 million in private sector investment.
With another infusion of $15.5 million for round four we’re going to see those numbers grow even further.
Made in Queensland grants of between $50 000 and $2.5 million are available to manufacturers operating in Queensland to become more internationally competitive and adopt innovative processes and technologies.
Applicants must match the government’s contribution, but regionally-based manufacturers stand to benefit more from this new round.
In Made in Queensland round four, eligible regional manufacturers can get up to 75 per cent of their costs covered for projects to the value of $500 000.
The program supports businesses looking to bring manufacturing activity to Queensland and employ the skilled staff they need.
Manufacturer thinking about reshoring or onshoring manufacturing activities to Queensland are encouraged to apply for in Made in Queensland.
Queensland’s manufacturing sector contributes more than $20 billion each year to the Queensland economy and provides jobs for more than 170 000 people.
The Queensland Government is building the state’s manufacturing industry through the Advanced Manufacturing 10-Year Roadmap and Action Plan and initiatives such as Made in Queensland, Industry 4.0 programs, Design in Manufacturing and Women in Manufacturing initiatives.
For more information on Made in Queensland and to make an initial application, visit www.rdmw.qld.gov.au/miq.
Last updated: 22 Apr 2021