Thursday, August 24, 2023

Issue:

Mackay and Whitsunday Life

Mackay Manufacturers Get $10M Boost From Grant Program

Manufacturers in Mackay can now apply for funding from the Manufacturing Hubs Grant Program's third round, which has $10 million in total funding available over the next two years. The program provides local manufacturers with financial support for business-expanding initiatives, said Glenn Butcher, Queensland Minister for Regional Development and Manufacturing.

Minister Butcher emphasised that the manufacturing sector is competitive, and the grants have been able to help local businesses grow, become more competitive, and create new jobs.

He said, "I’m thrilled to announce another $10 million in funds for the next two years to help even more regional Queensland manufacturers take the next step in transitioning their business to 4.0 technology.

“The manufacturing sector is a very competitive industry and this grant has been able to help a local Mackay business grow, become more competitive and create new jobs,” the Minister said.

Member for Mackay Julieanne Gilbert praised the program's impact on the local economy.

"We know that our investment has created and supported good jobs and better services for our region," she said.

"This program is just more evidence that our Manufacturing Hubs, which the Queensland Government has permanently funded, are absolutely critical to the prosperity of local businesses."

The MHGP has already awarded more than $13 million to 49 projects across Queensland, including for business development, technology adoption, and skills and training across the state's five eligible regions. To date, the MHGP has committed more than $645,000 in MHGP grants to two Mackay businesses.

The program aims to help manufacturers transition to Manufacturing 4.0 processes, which will enable them to be more competitive. The application process for Round 3 has been simplified to ensure that as many people as possible can access grant funding. Interested manufacturers can contact their local Manufacturing Hub for more information.

Queensland Minister for Regional Development and Manufacturing Glenn Butcher

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