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Manufacturing Modernisation Fund will encourage and promote innovation

"Ai Group welcomes today's launch of the Manufacturing Modernisation Fund by the Minister for Industry, Science and Technology, Karen Andrews. It is an initiative that will encourage and promote innovation in Australian manufacturing," Ai Group Chief Executive, Innes Willox, said today.

"A key part of the value of the Manufacturing Modernisation Fund will be showcasing business success stories and leveraging these by highlighting the key ingredients behind their businesses' achievements.

"The Fund will help local companies accelerate the process of further integrating into global supply chains.

"Technology upgrades will need to be matched with business model innovation to take full advantage of domestic and export opportunities," Mr Willox said.

Media enquiries: Tony Melville – 0419 190 347

Ai Group members needing support to write their applications for the Manufacturing Modernisation Fund should contact Ai Group's new Business Improvement and Growth (BIG) hub via email: big@aigroup.com.au