Posts tagged TCF Grant

This year’s Budget for the Government’s Textile, Clothing and Footwear (TCF) Strategic Capability Program provides an additional $5.0 million in 2010-11 for the program, bringing the total value to $35.0 million over five years. The program will now also be able to support smaller projects, with the eligibility threshold reduced from $1.0 million to $500,000.

More than $112 million of assistance will be made available to the Australian clothing and household textile sector following the passage of important legislation today (18 March 2010). The legislation provides the framework to create the Clothing and Household Textile (Building Innovative Capability) Scheme, supporting innovative activities from 1 July. The $112.5 million scheme, replacing the TCF Post 2005 (SIP) scheme, will provide incentives to promote innovation to support an internationally competitive clothing and household textile manufacturing and design industry.