The ‘Build It Better’ Voucher Programme provides small to medium manufacturing businesses in Victoria with funding of up to $20,000 to undertake redesign/reengineering projects to increase their adoption of additive manufacturing technology.
Launched by the Victorian government, The Build It Better voucher programme supports Victorian companies wishing to explore additive manufacturing technology. The grant runs for three years, starting from February 2019; a total grant budget of $1.3 million over three years is available for Victorian businesses.
The types of projects that the grant supports are redesign or reengineering of existing components for additive manufacturing or new product development for an additive manufacturing application. The grant will assist businesses to explore the potential of additive manufacturing as an ongoing production tool. The grant will subsidise the costs of expertise needed for businesses to realise the benefits of additive manufacturing. This may include, but is not limited to services such as:
- Design expertise
- Engineering support
- Business case development
- Materials selection and prototyping support
Applicants will need to ensure they detail the extent of their business operations in Victoria. Note that successful applicants must conduct the proposed activities in Victoria in partnership with a Registered Service Provider.
Who can apply
At a minimum, you must:
- Have an Australian Business Number (ABN)
- Operate in Victoria
- Have no more than 200 full-time staff, and have less than $100 million turnover
- Be able to contribute at least half of the project cost in cash
Deadline to apply
Applications can be made at any time.
Additive Manufacturing for Excellence
in New Product Development
Many companies have identified the potential for business transformation by adopting additive manufacturing into new product development processes. Despite the identified benefits, many still struggle to develop a clear vision and business case around adoption.
To determine how additive manufacturing can disrupt current processes and transform broader business strategy, companies must understand the role product development plays in their organization, the decision-making process and what affects project success.
ARC Advisory Group has identified four objectives that can be achieved using additive manufacturing for rapid prototyping and tool fabrication in manufacturing. Learn more about the value of an effective additive manufacturing strategy in this white paper.