By CASEY NEILL
MANUFACTURERS can get their hands on a share of $5 million in grants.
Industry Minister Lily D’Ambrosio announced the Future Industries Fund Manufacturing Program at the Victorian Manufacturing Showcase in Dandenong on Tuesday 27 October.
“This fund will support Victorian manufacturers to invest in new technologies and processes, and help to transition Victoria toward a high-tech manufacturing economy,” she said.
Ms D’Ambrosio said companies could apply for up to $500,000 to invest in new manufacturing technologies and processes that would create new jobs, increase productivity and boost economic growth.
Guests at the Victorian Manufacturing Showcase represented about 600 manufacturers from across the state.
Bombardier managing director Rene Lalande said manufacturing in the transport industry was undergoing substantial changes right now.
“But with the positive outlook for public transport, the talent I have seen in our local enterprises, and the renewed efforts of our government to value local content, I know manufacturing has a real future in Victoria,” he said.
“I encourage you all to look not only outward, but inwards.
“Embrace the changes, and challenges, of the manufacturing industry – and ultimately, be part of it!”
Check back tomorrow for more coverage from the showcase.