Applications for Round 2 of the Australian Government’s $35 million Securing Raw Materials Program are open.
Applications for Round 2 of the Australian Government’s $35 million Securing Raw Materials Program are open.
Grants of between $250,000 and $5 million in matched funding are available to support businesses to relocate or expand in regional Australia, and partner with a regional university or research organisation to complete research, development and commercialisation work in raw materials.
As a key initiative of the Regionalisation Agenda, grants will aim to deliver long-term economic and regional prosperity to regional communities by improving access to jobs, services and infrastructure.
This funding will help businesses capitalise on the research capabilities and local knowledge in regional Australia to develop innovative and locally sourced raw material supplies. It will support establishing innovative new suppliers or products, and value-adding to existing supplies, to underpin business growth in a range of Australian industries that rely on the quality raw materials found in our own backyard.
Round 2 is open to even more local businesses. As well as supporting city-based businesses to move or expand to the regions, those located in regional areas that want to expand to a different region are now able to apply.
Businesses interested in the regional raw materials industry are encouraged to check their eligibility in the guidelines and apply.
Round 2 of the Securing Raw Materials program is open for applications until 24 February 2022.
Find out more
- For more information on the program, including the grant guidelines, visit business.gov.au/srmp2.
- Read the Minister’s media release.