AMGC appointed Industry Partner Organisation to Australian Government Industry Growth Program
The Advanced Manufacturing Growth Centre (AMGC) has been appointed as an Industry Partner Organisation (IPO) as part of the Australian Government Industry Growth Program (IGP), aimed at growing Australian manufacturing activity.
Awarded $1.9 million as part of the IPO initiative, AMGC will provide specialised advisory services to IGP participants focussing on the key National Reconstruction Fund (NRF) priority areas of Transport, Defence, and Value-Add to Resources.
Commencing soon, AMGC will leverage its national network and partner entities to mentor and support local manufacturers. AMGC and its partners will offer expert advice, access to workspaces, technology, and events aligned with NRF priorities. These efforts will help SMEs qualify for IGP Business Advisor support, build industry connections, and enhance the commercial viability of their proposals.
AMGC’s focus will complement five other IPOs. These include the recently announced AusBiotech, MTPConnect Accelerator, Australian Manufacturing Capability Network, ClusterConnect and AusHETS – that support the priority areas of Renewables and Low Emissions Technology, Medical Science, Value Add in Agriculture, Forestry and Fisheries, and Enabling Capabilities.
Quotes attributable to Minister for Industry and Science Ed Husic
“I’m pleased to see AMGC and Ausbiotech join the IGP stable of Industry Partner Organisations, with their expertise supporting Aussie manufacturers to realise their potential.
“We’re serious about backing local know-how, that’s why we’re ensuring growing businesses have the support they need to increase our manufacturing capability and keep more jobs here in Australia.”
Quotes attributed to Managing Director of AMGC, Dr Jens Goennemann
“AMGC has a track record for working cross-industry and cross-discipline to deliver positive outcomes for industry. Our appointment as an Industry Partner Organisation will complement our ongoing commitment to Australian manufacturers.”
Over the past eight years, AMGC has facilitated more than 500 direct national collaborations and co-funded over 161 industry projects, while creating more than 4,300 jobs across the country. It has invested over $137 million of combined industry and Government funds into manufacturing projects, resulting in an estimated $1.62 billion in additional national revenue.
IGP grants are provided through two streams.
Early-Stage Commercialisation grants provide matched grant funding from $50,000 to $250,000 to help establish the commercial viability of an innovative product, process, or service.
Commercialisation and Growth grants provide matched grant funding from $100,000 to $5 million to help push ideas from prototyping through to market readiness stages. Grants will help develop strategies for entry to market and scaling up into national and international markets.
The program provides the Advisory Service to eligible businesses which is open all year round.
Following the service, businesses may choose to apply for matched grant funding. For more information, including eligibility, visit business.gov.au/igprecipients.