Minister Assisting for Industry and Innovation, Senator Kate Lundy, has announced the successful Australian companies that will receive up to $55,000 in funding under the Gillard Government’s Textile, Clothing and Footwear (TCF) Small Business Program.
Delivering $2.58 million in funding to 74 innovative TCF businesses, the Government aims to improve business enterprise culture, stimulate innovation, promote sustainable growth – the overall goal – to keep manufacturing in Australia.
“The textile, clothing and footwear sector is an integral part of our manufacturing sector with many businesses based in regional Australia,” Senator Lundy said.
“A variety of innovative projects will be funded under the program including implementing e-commerce strategies and improving manufacturing processes. These innovative projects will help ensure the industry’s international competitiveness and long-term viability in these challenging times.
“By undertaking these projects the 74 businesses stand a better chance of succeeding in a tough environment and ensuring job prospects are more secure.”
The TCF Small Business Program forms part of the Gillard Government’s $406 million TCF Innovation Package. This also includes the $112.5 million Clothing and Household Textile (Building Innovative Capability) scheme to support innovation and the $35 million TCF Strategic Capability Program to boost innovative capacity.
In support of the textile, clothing and footwear industry a TCF Industry Innovation Council has been established to bring business, unions, researchers and Government together to inspire innovation and provide strategic advice. Also established is the National TCF Innovation Network, which aims to support collaboration between companies and industry, researchers and educational institutions.
A full list of the 74 Round 7 recipients can be viewed at www.ausindustry.gov.au/TCFSBP-Rd7