The Melbourne’s North Innovation and Investment Fund (MNIIF) is a $24.5 million competitive , merit based grants program. The MNIIF will support investment projects to create new or additional business capacity that results in sustainable jobs. The minimum grant will be $50,000 on a 1:1 basis.The grant applies only to eligible projects in the four local Government areas of :Hume; Whittlesea; Moreland and Darebin.
The Australian Government has established the MNIIF in response to the announcement by Ford Australia that will cease its vehicle and engine manufacturing operations in Australia from October 2016. Funding over three financial years from 2013-14 to 2015-16will be provided to the Melbourne North Region, as well as the Geelong Region, in recognition of the economic and social impact of Ford Australia’s announcement on those communities.
The Australian Government will contribute $30 million; the Victorian government $9 million; and Ford Australia $10 million. Of the total $49 million in funding, $24.5million will be3 made available to the MNIF and $24.5 Million will be made available to the Geelong Region Innovation and investment fund.
Successful applicants will be required to provide a minimum cash commitment which at least matches the total amount of grant funding sought under the program. Applicants should note that proposals will not be favoured where they no sustained net increase to economic activity in Australia , or where new jobs in the Melbourne North region are created at the expense of jobs elsewhere.
A number of MNIIF information sessions will be run by Ausindustry in August.
Monday 12 August 2013
9am start-10.30am
Moreland City Council
Concert Hall East and Middle
90 Bell Street Coburg
Monday 12 August 2013
3.30pm start-5pm
Hume City Council and Global Leaning Centre
1093 Pascoe Vale Road
Broadmeadow3s
Monday 14 August 2013
3.30pm start-5pm
Lakeview Room Plenty Ranges Arts and Conventions Centre
35 Feres Blvd
South Morang
Monday 19 August 2013
9am start-10.30am
Hume City Council
1093 Pascoe vale Road
Broadmeadows
Wednesday 21 August 2013
9am start-10.30am
Intercultural Centre
59a Roseberry Avenue
Preston
Please follow the link below for more session information and to register your attendance
or call 13 28 46
http://www.ausindustry.gov.au/programs/regional-innovation/MNIIF-information Sessions.aspx
