Building Innovative Small Manufacturers Program

$9 M program that provides information and support services, including workshops and seminar programs to small manufacturers.

 

Building Innovative Small Manufacturers program
 

Background

Manufacturing is central to Victoria’s economy, worth around $28 billion to the state and $108 billion to the national economy. Last year manufacturing generated 300,000 jobs and $15.3 billion in exports in Victoria. For manufacturing to meet challenges like the high Australian dollar, increasing global competition and the carbon tax, it must be a high performance industry, driven by increased productivity and innovation.

 

Funding

Small manufacturers will also benefit from a $9 million commitment for a Building Innovative Small Manufacturers program. This program will provide information and support services, including workshops and seminar programs, a customised on-line entry point and mentoring for enterprises.

 

Media Release

New productivity networks, support for new technology and innovation and specialist advice and services for Victorian manufacturers will be the key focus of $58 million in funding over four years in the 2012-13 Victorian Budget.

Minister for Manufacturing, Exports and Trade Richard Dalla-Riva said the Budget set out a clear plan to meet real and serious challenges and position Victoria to take full advantage of future opportunities.

“Manufacturing is central to Victoria’s economy, worth around $28 billion to the state and $108 billion to the national economy,” Mr Dalla-Riva said.

“Last year manufacturing generated 300,000 jobs and $15.3 billion in exports in Victoria.

“For manufacturing to meet challenges like the high Australian dollar, increasing global competition and the carbon tax, it must be a high performance industry, driven by increased productivity and innovation.

“This Budget is shaped by the challenges of the present. We cannot ignore those realities, but we can’t afford to simply accept them either.

“The Coalition Government’s $24.8 million Investing in Manufacturing Technology program will provide grants of up to $250,000 on a competitive basis to help manufacturers acquire and integrate new technologies.

“These grants will support Victorian manufacturers to transform their operations by adopting strategies that improve productivity and competitiveness, strengthen capability and encourage wider and ongoing innovation,” Mr Dalla-Riva said.

The Coalition Government has also committed $7.5 million to the Manufacturing Productivity Networks initiative to help manufacturers build and strengthen co-operative arrangements between each other, research organisations, service providers and customers.

“This funding includes support for networks to plan and scope potential activities and to undertake specific projects such as information exchanges, collaboration with research institutions or pursuing new business and market opportunities,” Mr Dalla-Riva said.

The Coalition Government is also supporting a new Specialist Manufacturing Service with $13.7 million for the delivery of a program of practical services that will help business and open up new markets.

“Small manufacturers will also benefit from a $9 million commitment for a Building Innovative Small Manufacturers program. This program will provide information and support services, including workshops and seminar programs, a customised on-line entry point and mentoring for enterprises,” Mr Dalla-Riva said.

A further $3 million has been allocated to help manage the transition for retrenched manufacturing workers, particularly in regional communities, through a response team that will provide early information and support services.

Mr Dalla-Riva said the new programs, backed by direct engagement through an expanded team of business development managers, would be continuously evaluated to ensure they remained responsive to industry needs and provided value to taxpayers.

“This Budget is about driving economic activity, productivity and jobs,” Mr Dalla-Riva said.

“It’s about taking responsible and necessary action to meet our challenges and rebuild the state’s finances.

“This Budget delivers the practical support to build a stronger, more innovative and agile manufacturing sector to secure future growth and jobs across Victoria,” Mr Dalla-Riva said.
 

More Information

This page will be updated as more information comes to hand.

 

2017-02-09T17:12:58+00:00March 18th, 2013|