The Morrison Government is continuing to drive the local automotive sector with funding for AME (Vic) Systems to take their innovative products and designs to the next level.
AME (Vic) Systems will use a $60,000 Automotive Innovation Lab Access Grant for the development of a universal trailer ECU.
Member for Wannon, Dan Tehan said the local grant was one of 17 across the nation, and the Government investment of $2.8 million was expected to unlock a further $3.6 million in industry funding.
“This is great news for our local economy as we work together in the post-Covid recovery period and I congratulate AME (Vic) Systems on their initiative and success,” Mr Tehan said.
“Innovation and testing new ideas are hallmarks of Australia’s advanced manufacturing sector and this sort of Aussie ingenuity is vital to growing our economy and creating jobs.”
“We’re backing businesses who back themselves – it’s all about developing high-value products for both local use and to expand our overseas exports.”
Mr Tehan said the Automotive Innovation Lab Access Grants represent the Morrison Government’s ongoing commitment to supporting automotive manufacturing operations in Australia, particularly in niche areas.
“We’ve seen a renewed interest in local manufacturing and people are looking to back “made in Australia” products. So while there is a long road ahead, there are opportunities at this time for innovative businesses looking to grow and to export.”
“I’m pleased to be part of a government that is supporting our local businesses. Whether it’s lower taxes, cutting through red tape, grants like this or the JobKeeper payments that have kept businesses afloat during the crisis, the Morrison government is determined to do all we can at this challenging time.”