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 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X