Posts tagged Automotive Grants

green-car-2

Green Car Innovation fund closed 27th Jan 2011

The Government faced urgent challenges in the wake of the floods that have devastated large parts of eastern Australia. Reductions in spending and other sacrifices had to be made to help the nation fund the recovery. As part of the response, the Government has closed applications to the Green Car Innovation Fund. All contractual commitments and grant offers made by the Government through the Fund will be honoured; and applications received as at 27 January will be processed.

Automotive Transformation Scheme (ATS) Grant now open

Registrations opened today for the Australian Government’s $3.4 billion Automotive Transformation Scheme (ATS), which will lift innovation in the motor vehicle industry by supporting investment in skills and R&D. The ATS replaces the Automotive Competitiveness and Investment Scheme (ACIS). It will run from 1 January 2011 to 31 December 2020 and include:
-capped assistance of $1.5 billion from 2011 to 2015;
-capped assistance of $1 billion from 2016 to 2020; and
-uncapped assistance estimated at $847 million