Assistance for automotive suppliers affected by the end of automotive production in Australia in 2017.
The State Government’s Automotive Supplier Diversification Program (ASDP) is currently open for applications. Funding of up to $11.65 million to 2017-18 will support eligible automotive supply chain companies to diversify and secure alternative revenue streams for a sustainable future.
Part of the ASDP is the Fast Track Initiative, which is available for local automotive supply chain companies to transform by undertaking low cost, low risk projects. Eligible projects may include website design, certifications, consultation, market research and other business activities related to diversification strategies, up to $15,000.
Companies seeking to form alliances and strategic partnerships with eligible automotive component suppliers may also be able to access these funds for activities which retain and build on key manufacturing capabilities and skills currently residing in firms operating within the automotive supply chain.
Download Automotive Supplier Diversification Program documents
For more information, contact
Manager - Automotive Business Diversification
Department of State Development
Phone: +61 8 8303 2947