The AAWPI grant recipients will undertake a range of innovative projects with the funding including manufacturing products for use across housing and construction, packaging, timber for higher end products and production of activated carbon. Of the 34 grants, four will be going to projects involving first nations organisations.
“AFPA campaigned ahead of last year’s Federal Election for such a manufacturing innovation fund and we were pleased to get a bipartisan commitment for this grants program. Additionally, it will allow processors and manufacturers to pivot and make the most of the opportunities emerging from the national and global boom in demand for sustainably sourced timber and wood fibre products. Over 25 per cent of Australia’s emissions come from construction and using more timber will help Australia meets its emission reduction targets,” Joel Fitzgibbon said.
Grant funding of between AU$1 million and AU$5 million will be awarded to the 34 successful applicants from this financial year until 2025-26, under the AAWPI.