The federal government has awarded a further $55 million in grants to 86 Australian businesses under round two of the Manufacturing Modernisation Fund (MMF), including food and beverage businesses.
In Western Australia, Bonissimo Coffee Roasters will use its grant to help reduce the number of plastic-lined coffee cups and coffee pods ending up in landfill. To do this, it will install $1.4M worth of new equipment to manufacture cups and pods made from biopolymers that are 100 per cent organic and fully compostable.
The upgrade will also enable Bonissimo Coffee Roasters to increase its coffee pod production six-fold, allowing it to hire more staff and pursue new export opportunities for its premium coffee products.
Some of the other food and beverage businesses with successful projects include:
- Modus’ brewery expansion in Mereweather, NSW, that will use thermal energy storage to reduce power consumption and chemical use.
- Garlo’s Pies in Kingsgrove, NSW will upgrade its production facilities, increasing production of pie products to 8,000 units per hour. This will create up to 27 new jobs and help pursue export opportunities.
- Australian Honeybee will upgrade its facilities in Fyshwick, ACT, where it will produce its patented beekeeping systems.
- D.T.R. Holdings in Alloway, QLD will install next generation food processing technology.
- Forager Foods in Western Junction, TAS will establish a world class freeze drying and processing facility.
The Manufacturing Modernisation Fund will aid businesses to modernise their manufacturing processes, improving productivity, reducing costs, creating high-skilled jobs and targeting new export opportunities, minister for Industry, Science and Technology Christian Porter said.
“Australia’s manufacturing sector is vitally important to our economy, directly employing more than 900,000 Australian workers and contributing almost $120B to our export earnings last year,” Porter said.
“That’s why the Morrison government is backing manufacturing businesses like Bonissimo in WA and 85 others right across the country with significant financial support to help them to modernise, innovate and grow.
“Investing in the latest manufacturing technology and equipment helps them to remain internationally competitive by improving their productivity and increasing their capacity to target new export markets for their products,” he said.
“Just as importantly, these investments also help to grow well-paid and highly skilled jobs in the modern manufacturing sector for Australian workers. We know that for every manufacturing job we create, at least three additional jobs are created in other areas of our economy.”
Manufacturing Modernisation Fund round two, building on the success of the first round, was a competitive merit-based grants program with applications assessed by a committee of independent industry experts.
Businesses are required to match government funding on a three-to-one basis, with government grants covering up to 25 per cent of eligible project expenditure.
The minimum grant amount is $100,000 and the maximum grant amount is $1,000,000. Projects must be completed within two years.
As part of the $1.5B Modern Manufacturing Strategy, eligible companies need to demonstrate that their products align with one of the federal government’s six National Manufacturing Priorities.
Those priorities include resources technology and critical minerals processing, food and beverage, medical products, recycling and clean energy, defence and space.
For a full list of successful recipients under the Manufacturing Modernisation Fund round two, visit https://business.gov.au/grants-and-programs/manufacturing-modernisation-fund/grant-recipients