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Nov 23, 2020

New service to help METS sector unlock funding

New service to help METS sector unlock funding

A consortium of specialist resources consultants has unveiled a new service to help METS businesses tap into the Australian Government’s multi-billion-dollar manufacturing stimulus package.

Unlock is a strategic grant writing service provided by LarkinSykes Advisory, Stellar Consulting Services and AR Consulting.

The Australian Government is offering $50 million to support transformative investments in manufacturing technologies and processes against six national priorities, which include the METS sector.

It is part of the $1.5 billion Modern Manufacturing Strategy designed to rejuvenate Australia’s economy following the COVID pandemic.

LarkinSykes Advisory managing director Clare Sykes said METS businesses should take advantage of the current funding climate as the sector was considered among the most important to Australia’s economic recovery and growth.

“Unlocking government incentives can be challenging. We are collaborating to create this service as we recognise the mining supply industry is well positioned to leverage the grants on offer,” Ms Sykes said.

“We are all experienced in the application and administration of grants, and we understand the constraints businesses face in terms of time and resources to adequately prepare content for grant applications.

“The timeframes for these major government grants are short and we do not want to see the sector miss out.”

Stellar Consulting Services director Adrienne Rourke said Unlock’s partners used their wealth of industry and government experience to help regional METS SMEs to scale-up.

“Regional areas are recognised as key to the economic recovery of the country and we want to support regional businesses access the range of available incentives to help them innovate, grow and diversify,” Ms Rourke said.

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