AMGC co-funds industry projects to commercialise innovation. In this way, approved projects demonstrate how, and the techniques, Australian manufacturing can become more globally competitive.
AMGC has received an additional $30 million in funding to continue supporting industry projects. This is called the AMGC Commercialisation Fund. The fund will co-fund projects that focus on the six National Manufacturing Priorities, announced by the Australian Government as part of its Modern Manufacturing Strategy.
The Fund will provide matched grants to Australian Manufacturers to assist with commercialising new products and processes that finish between Technology Readiness Level (TRL) 6 to 9.
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