Investing in Manufacturing Technology
Up to $250,000 is available to assist manufacturers to purchase new technologies that will improve productivity.
We have a 100% success rate with assisting clients secure this grant
Overview
Investing in Manufacturing Technology grants of up to $250,000 are available on a competitive basis to assist manufacturers to purchase and integrate new technologies that will:
- improve productivity and competitiveness;
- strengthen capability; and
- encourage wider and ongoing innovation.
Background
Investing in Manufacturing Technology is an initiative under the Victorian Government’s manufacturing strategy, A More Competitive Manufacturing Industry: New Directions for Industry Policy and Manufacturing.
Investments in new technologies provide a critical foundation for enhancing productivity and building a competitive edge. These investments can transform manufacturing businesses – from changing the way they design and produce products to how they acquire and use information, knowledge and resources.
Funding
The IMT program provides grants of up to $250,000, allocated on a competitive basis. All grants require a minimum co-contribution from the business of 75% of total eligible project expenditure (i.e. $3 for every $1 granted).
Expert Assistance
The average grant size of previous recipients is around $165,000. The Victorian Government advises that the chance of success of securing grant is around 30% to 40%.
Writing a good quality grant application is a critical element in the application process. An application needs to be well thought through, written concisely, have clear objectives and purpose, and show clear links to the objectives of the grant guidelines.
The grant application must answer all questions, provide all required information and respond to the merit criteria. It should also reflect your organisation’s business strategy.
Writing a good application takes time and effort, and requires particular writing skills.
Bulletpoint are expert grant consultants and can assist with all aspects of grant preparation. We are an independent grants consultancy and not affiliated, associated, endorsed by any government agency.
Bulletpoint have a 100% success rate with assisting clients secure the IMT grant. We know what it takes to secure this grant.
Call us on (03) 9005 6789 or email to discuss further.
Timing
Three rounds have been undertaken so far with the last round closing on 12 April 2013. Bulletpoint expects that there will be two more rounds occuring in 2013.
More Information
Department of State Development, Business and Innovation
Business Victoria Help Line
Tel: 13 22 15
www.business.vic.gov.au/imt
Round 2 Recipients
The total recipients of Round 2 of the IMT program are provided below.
| Business |
Grant |
Project |
| A & L Windows Pty Ltd | $48,800 | Purchase and commission a robotic glass feed stage for its existing double glazing line. |
| Australian Mint Oils & Flavours Pty Ltd | $50,000 | Purchase a high vacuum distillation unit and a menthol freezing unit to replace imports, improve quality and open up new market possibilities. |
| Australian Valve and Engineering Pty Ltd | $127,500 | Purchase and install a borer line which will enable the company to recondition and manufacture larger valves to replace imported products. |
| Diamond Dell Pty Ltd | $140,000 | Purchase a new cookie production line to manufacture a very broad range of cookie dough types, shapes and sizes. |
| DVR Engineering Pty Ltd | $250,000 | Purchase a new generation, high power, five axis, vertical machining centre with overhead gantry which will enable the company to machine components from an increased variety of metals and sizes. |
| Egotrade Pty Ltd | $115,000 | Purchase the latest die cutting processing equipment to improve its manufacturing operations, strengthen its capabilities in printing & packaging and enhance its competitiveness. |
| Epping Timber Prefab Co. Pty Ltd | $112,500 | Purchase a linear saw for increased efficiency, reduced waste, and enhanced productivity. |
| Fabtronics Australia Pty Ltd | $238,900 | Purchase and commission a new production line for the manufacture of environmentally sensitive commercial and domestic swimming pool and spa filtration products. |
| H M Engines Pty Ltd | $61,000 | Purchase a machining centre with world’s best practice technology that will provide fast and accurate machining of large diesel engine blocks. |
| Hakubaku Australia Pty Ltd | $171,200 | Purchase shelf friendly packaging equipment to reduce the time it takes to re-stock supermarket shelves and to reduce the risk of product damage. |
| Industrial Brushware Pty Ltd | $200,000 | Purchase two polymer fusion machines that will expand its manufacturing capability and capacity. |
| Jeff Sykes & Associates Pty Ltd | $208,700 | Purchase advanced CNC milling and pasting technology. |
| Kosdown Printing Co. Pty Ltd | $102,200 | Purchase a specialist digital printing machine capable of printing on a wide range of substrates which will introduce new digital printing technology to Victoria. |
| Plastool International Pty Ltd | $176,200 | Purchase a specially manufactured 5-axis 3D CNC machine to become internationally competitive in the supply of high quality tools to the moulding industry. |
| Popina (VIC) Pty Ltd | $250,000 | Purchase and install an in-line blending station and upgrade the bagging equipment. It will also consolidate two production lines into a single high-speed and highly efficient operation. |
| Satelight Design Pty Ltd | $26,200 | Purchase a computer numerical controlled (CNC), multi-purpose cutting machine. |
| Schutz Australia Pty Ltd | $250,000 | Purchase manufacturing technology and automation equipment which will improve the intermediate bulk container refurbishment process. |
| Specsavers Pty Ltd | $76,700 | Purchase and install an automated pick and place module within the manufacturing process to increase competitiveness and improve productivity. |
| Sugar Australia Pty Ltd | $250,000 | Purchase and install a new packaging line for brown sugar production at Yarraville, enabling the packing of current and future products in upright shelf friendly formats. |
| The Cake Syndicate Pty Ltd | $250,000 | Purchase world leading automation and cake decorating equipment that will improve existing manufacturing productivity and open up new business opportunities. |
| United Bonded Fabrics Pty Ltd | $100,400 | Purchase technology to process commingled mattress waste. This will extend the capacity, diversity and competitiveness of the company’s overall operation. |
Round 1 Recipients
The total recipients of Round 1 of the IMT program are provided below.
| Business | Grant | Project |
| Air Radiators | $122,000 | Purchase an automatic high technology CNC hydraulic brake press to improve competitiveness in the global mining equipment market. |
| AMR Hewitts Printpackaging | $135,000 | Purchase a new forme cutting machine to reduce costs and turnaround times and enable shorter production runs. |
| Andrew Engineering | $143,000 | Purchase a machining centre to enable expansion of service, spares and overhaul business into South East Asia. |
| Branach Manufacturing | $165,000 | Purchase a range of advanced manufacturing technologies to automate ladder fabrication, improve the production process and lower costs. |
| Fibremakers Australia | $213,000 | Purchase technology to recover polymer waste for reuse in the manufacturing process to reduce production costs and imported materials. |
| Foodmach | $181,000 | Purchase a CNC turning centre and a laser cutting machine to reduce lead times, enhance precision and increase flexibility. |
| GlassCo Australia | $250,000 | Purchase a new production line and CNC Machining Centre to produce multi glazed products for commercial, domestic and industrial applications. |
| Holmwood Highgate | $114,000 | Purchase metal fabrication and manufacturing equipment for road tanker construction toimprove efficiency, production speed, quality and reliability. |
| Intervet Australia | $53,000 | Purchase equipment to refine the vaccine manufacturing process and facilitate introduction of a new product with the potential for export to Asian markets. |
| Longwarry Food Park | $250,000 | Purchase equipment to produce sweetened condensed milk, to increase production flexibility and bring a new capability to Victoria. |
| Melbourne Desk Company | $250,000 | Purchase a range of new technologies and redesign the facility to reduce materials and manual handling to improve throughput and capacity. |
| MiniFAB | $77,000 | Purchase automated technology to enhance its capability to manufacture microfluidic products. |
| Ramela | $228,000 | Purchase a sachet filling machine and sugar milling system to automate the production process and facilitate the introduction of a new Tea Latte product range. |
| Relay Monitoring Systems | $250,000 | Purchase automated test and measurement equipment to expand in-house testing capabilities and improve the productivity and efficiency of the manufacturing process. |
| Syrinx Pharmaceuticals | $250,000 | Establish a bio-pharmaceutical fill and finish facility to support the Victorian and Australian biotechnology and pharmaceutical industries. |
| Textor Technologies | $250,000 | Purchase equipment to manufacture a new generation of fabrics for the hygiene and medical markets. |
| Think Fencing | $93,000 | Purchase equipment to manufacture a new rural fencing product, incorporating world-first technology developed by the company. |
| Tru-Blu Oil Australia | $126,000 | Build an automated plant for the manufacture of AdBlue, which will reduce production costs, increase capacity and create opportunities for growth. |
| Wandin Valley Farms | $250,000 | Purchase new defect sorting technology using high speed cameras to reduce costs and improve quality and export competitiveness with Chile. |
Previous Repicients (Competitive Business Fund)
A similar program to the Investing in Manufacturing Technology Program, was the Competitive Business Fund (now closed). Some of the recipients of this program are detailed below:
| Anca | $100,000 | Design and develop state of the art computer numerical controlled (CNC) machinery. | Bayswater North |
| Ascent Pharmahealth | $250,000 | Construct a pharmaceutical packaging facility to service Australian and international manufacturers. | Dandenong |
| Billman’s Foundry | $25,000 | Upgrade the foundry’s power supply to increase production capacity. | Castlemaine |
| Bridgewater Compost | $250,000 | Expand the compost production facility to increase capacity. | Bendigo |
| Bright Brewery | $150,000 | Significantly expand its facilities providing a high-profile town centre attraction on the Great Alpine Road. | Bright |
| Clyne Foods | $150,000 | Commercialise a vine fruit dehydration process. | Warracknabeal |
| Corvina Quality Foods | $180,000 | Purchase equipment to automate production, reduce costs and to increase output. | Cheltenham |
| Diver Consolidated Industries | $250,000 | Design, develop, produce and commission aluminium parts for GM Holden. | Reservoir |
| Formero | $100,000 | Purchase next generation moulding technology for the rapid development of prototypes and production parts. | Hawthorn |
| Hilton Manufacturing | $50,000 | Design, develop, manufacture and assemble a series of products used by Jayco for the caravan and camper trailer market. | Dandenong South |
| HJ Langdon | $80,000 | Purchase equipment for quality control of herbs in the food production industry. | Derrimut |
| Longwarry Food Park | $250,000 | Manufacture smaller packs of flavoured milk and other specialised products for local and overseas consumption. | Longwarry |
| Omniblend | $180,000 | Install a new canning line to produce dietary and nutritional products for export to China and other Asian markets. | Campbellfield |
| Specialty Coatings | $250,000 | Install a new manufacturing line to allow the company to double production and substantially increase local employment. | Moorabbin |
| Starmaid | $250,000 | Install new injection moulders and other equipment to develop and produce innovative food preparation and storage products. | Dandenong |
| Trakblaze | $160,000 | Establish a new facility to produce weighing equipment for the automotive, rail and mining industries to replace imported products. | Tottenham |
| Volgren | $250,000 | Invest in a new project to boost jobs and expand exports. | Dandenong |
Media Release
The Victorian Government has announced $3.2 million in grants for 21 companies to invest in new technology and equipment designed to boost productivity and global competitiveness.
Minister for Manufacturing David Hodgett said the Investing in Manufacturing Technology (IMT) program was delivering long term economic benefits to Victoria – the hub of Australia’s manufacturing industry.
“These new projects, supported by the IMT program, represent more than $15 million worth of investment in new technology, processes and equipment, which will help to boost the productivity and competitiveness of Victorian manufacturing.,” Mr Hodgett said.
“The projects are delivering 137 new jobs, with a further 146 employees transitioned to higher value roles.
“For the businesses involved, there will be significant productivity improvements, new skills development and a range of innovative export opportunities.
“Investment in technology and new processes is making Victorian manufacturing more productive and internationally competitive with increased capability for both domestic and export markets,”Mr Hodgett said.
IMT grants delivered under this round of funding include:
- A $208,700 grant to Jeff Sykes and Associates of Geelong, Australia’s largest manufacturer of racing rowing boats, to purchase advanced technology for the production of composite moulds, patterns and finished parts.
- A $250,000 grant to DVR Engineering of Coolaroo, an engineering company which manufactures precision, high hardness, armour components for the defence industry, to purchase a new multi axis vertical machining centre to enable the company to machine components from a variety of metals and sizes.
- A $250,000 grant to Popina (Vic) Pty Ltd in Dandenong South, a food services company which specialises in the manufacture of muesli based cereals and snack bars, to purchase and install an in-line blending station and to upgrade existing equipment into a high-speed, high-efficiency production line.
“The IMT program is a key component of the Government’s manufacturing industry strategy which is designed to lift the productivity and competitiveness of Victoria’s manufacturers, and one of the key areas is technology improvement,” Mr Hodgett said.
IMT grants require a minimum co-contribution from the business of 75 per cent of total eligible project expenditure (i.e. $3 for every $1 granted). Another round of grants will open later in 2013. For more information please visit www.business.vic.gov.au/imt.
