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Round two of grants open for Automotive New Markets Program

March 29, 2013 • Grants

The applications for Round 2 of the $30 million joint Australian, Victorian and South Australian Government’s Automotive New Markets Program (ANMP) grants opened on Thursday.

Picture: http://www.freedigitalphotos.net/  (FrameAngel)

Picture: http://www.freedigitalphotos.net/ (FrameAngel)

Once again Australian automotive suppliers will get the chance to improve their competitiveness in global supply chains and domestic markets through the support of the Government.

In a joint media release with the Victorian Minister for Manufacturing, David Hodgett MP, and the South Australian Minister for Manufacturing, Innovation and Trade, Tom Kenyon MP, Federal Minister for Industry and Innovation, Greg Combet, said ANMP grants provided automotive supply chain companies with monetary support to help them expand and diversify their customer base and product range, going beyond traditional markets.

“The ANMP will help ensure we continue to have a strong automotive supplier base to deliver innovative products for global and domestic markets,” Mr Combet said.

“This will ensure we maintain important automotive manufacturing capabilities in Australia at the scale necessary for a sustainable future.

“The grants, which are jointly funded by the Australian and Victorian Governments and administered in conjunction with the South Australian Government, demonstrate the three governments’ commitment to the long-term sustainability of automotive manufacturing in Australia.”

To be eligible to apply for the grant, an applicant must be an Australian automotive supply chain company that is incorporated in Australia. It must be an Australian producer of automotive components, an Australian producer of automotive machine tools or automotive tooling, or an Australian provider of automotive services. It must also supply an original equipment manufacturer. You can view the rest of the Ministerial Guidelines here.

Victorian Minister for Manufacturing, David Hodgett, said “The automotive industry is a critical driver of new technologies and skills for the broader manufacturing sector.”

“Australian automotive manufacturing is dynamic and internationally focussed. By supporting greater innovation in the automotive sector, the benefits will be shared with other key industries such as defence, aerospace, and mining.”

Meanwhile, South Australian Minister for Manufacturing, Innovation and Trade, Tom Kenyon, said “Our automotive component makers have an important role in advancing Australia’s manufacturing industry.”

“The ANMP will enable automotive supply chain firms continue to make innovative products for automotive and non-automotive customers, enhance their ability to integrate in global markets and find new markets.”

The program’s first round provided grants of up to $1 million to assist 10 Australian automotive firms to develop new products, introduce new technologies and grow markets in Australia and overseas, according to the media release.

Among the recipients of the first round of grants are Australian Arrow Pty Ltd which will commission full service local electrical wiring harness design, engineering & manufacture, and Chassis Brakes International (Australia) Pty Ltd, which will design and validate automotive braking components for the Asian region. Both businesses received $1,000,000 each.

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