A fund that's actually designed for you: $10M for mid-sized manufacturers

For years, mid-sized manufacturers have been like Goldilocks. Government grants either targeted massive innovation projects (too big) or small businesses (too small for your upgrades).

Finally, the AMGC SME Decarbonisation Fund is just right.

If you're running a powder coating oven, a steam boiler, or a metal furnace on gas - and you've been thinking about switching to electric - this co-contribution fund is right for you.

The fund matches you dollar for dollar for projects costing between $400K and $1M to replace fossil-fuel driven kit for electric equipment that reduces energy costs and emissions.

Keep reading until the end to see whether you are eligible to grab some of this $10M pot of money!

Putting the money where it can make a difference

The urgency to lower carbon emissions is finally driving policy and funding to support mass decarbonisation.  Government grants have tended to favour big innovation projects, leaving whole industries to manage on legacy infrastructure, upgrading only when things are about to fall apart, and usually replacing like for like because its easier.

Could upgrading your equipment lead to cost reductions?

Australian industry is one that traditionally has been stoked by coal, gas and diesel.  Many processes and sectors are so intensely energy thirsty that standard grid electricity just hasn’t been able to provide enough heat or power to finish the job.

But this is changing.

Electric ovens, boilers, and furnaces are no longer inferior options. They're more efficient than their gas-fired equivalents, more reliable, and often require less maintenance. The technology has caught up. Manufacturers choosing to upgrade now aren't making sacrifices.  They are making hard commercial decisions driven by cost savings and efficiency improvements.

Sustainability redefined as just getting better

This fund unlocks lower energy costs, higher productivity and operational efficiencies. This program offers margin improvement. A metals processing operation moving from gas furnaces to electric induction systems cuts energy costs and speeds up cycle times. A food manufacturer switching from gas boilers to electric heating reduces downtime and maintenance spend. These are the conversations we're having with manufacturers right now.

Policy and supply chain are tightening

Whether it's customer expectations, regulatory shifts, or trade access, manufacturers who've done the work now have competitive advantage later.  The forward thinkers will assess their situation, plan and take advantage of this program. The businesses getting ahead now aren't doing it because they have to. They're doing it because it makes business sense.

Does This Apply to You?

1. Do you operate in surface treatment, process steam, or metals processing?

These are the specific processes targeted in the fund.

2. Do you currently have fossil-fuelled (gas) equipment that could be switched to electric?

Emission reductions must be modelled switching from gas to electric.

3. Are you thinking about equipment upgrades in the next 1-2 years anyway?

If yes, the timing makes sense to explore the co-fund. If no, this might be the catalyst to reconsider. If you're answering yes to these, the next step is understanding whether your specific situation fits the fund criteria and what an upgrade could look like for your business.

What's Next?

If this resonates, let's talk through where your business actually stands. A 15-minute discovery chat to understand whether this opportunity applies to you, for your clarity.

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