Provides businesses involved in the Australian automotive industry with cash payments to cover up to 15% of the cost of investing in plant and equipment, and 50% of the cost of investing in research and development, to encourage investment and innovation in the Australian automotive industry. Cash payments are also available for activities related to the production of motor vehicles, engines and engine components.
Who can apply:
At a minimum, you must be an:
- Australian Motor Vehicle Producer (MVP)
- Australian Automotive Component Producer (ACP)
- Australian Automotive Machine Tool and Automotive Tooling Producer (AMTPs), or
- Australian Automotive Service Provider (ASP).
Other eligibility requirements may apply.