Home / Knowledge / News / Textiles / Australia announces fund for innovative textile firms
Australia announces fund for innovative textile firms
15
Jun '12
Minister Assisting for Industry and Innovation, Senator Kate Lundy, announced the successful Australian companies that will receive up to $55,000 in funding under the Gillard Government's Textile, Clothing and Footwear (TCF) Small Business Program.

The Gillard Government will deliver $2.58 million in funding to 74 innovative TCF businesses to improve their business enterprise culture, stimulate innovation, promote sustainable growth and keep manufacturing in Australia.

"The textile, clothing and footwear sector is an integral part of our manufacturing sector with many businesses based in regional Australia,” Senator Lundy said.

“A variety of innovative projects will be funded under the program including implementing e-commerce strategies and improving manufacturing processes. These innovative projects will help ensure the industry’s international competitiveness and long-term viability in these challenging times.

“By undertaking these projects the 74 businesses stand a better chance of succeeding in a tough environment and ensuring job prospects are more secure."

The TCF Small Business Program is part of the Gillard Government's $406 million TCF Innovation Package, which also includes the $112.5 million Clothing and Household Textile (Building Innovative Capability) scheme to support innovation and the $35 million TCF Strategic Capability Program to boost innovative capacity.

To support the textile, clothing and footwear industry the Gillard Government has established a TCF Industry Innovation Council to bring business, unions, researchers and Government together to champion innovation and provide strategic advice and has established a National TCF Innovation Network to support collaboration between companies and between industry, researchers and educational institutions.

Minister Assisting for Industry and Innovation

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search