Government announces $50m boost for Queensland manufacturers

17
Image Credit: Queensland Government

The Queensland Government is investing $50 million in two major grant initiatives that focus on building skills and capability for Queensland manufacturers. 

Minister for Regional Development and Manufacturing Glenn Butcher said the Made in Queensland and the Manufacturing Hubs Grant Programs will receive $40 million and $10 million over the next two years, respectively.

“These funding programs not only support Queensland manufacturers, they also drive up the number of good, secure jobs created, and stimulate economic growth right across Queensland,” Mr Butcher said.

“Made in Queensland is receiving $40 million for two more rounds, over the next two years, to continue helping small and medium manufacturers to increase international competitiveness through adopting new technologies.

“This has been a highly successful program with more than 105 advanced manufacturing projects supported across the state and more than $140 million in private sector investment.

“On top of that, I’m excited to say the Manufacturing Hubs Grant Program will receive $10 million over the next two years, to continue supporting regional manufacturers through special services that help them scale their business and take advantage of growth opportunities,” he said.

According to the Minister, the two programs have generated and supported over 5800 new jobs to date, “with more on the cards for the future”.

Image Credit: <a href=”https://www.qld.gov.au”>Queensland Government</a>