Grant Application to the Department of Industry Science and Resources Job Investment Fund

Evahan prepared a grant application for Delta Hydraulics to the Job Investment Fund to Purchase a Skiving and Burnishing Machine

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Delta Hydrualics Skiving and Burnishing Machine

Evahan Prepares a Grant Application for an Advanced Manufacturer to Purchase a State-of-the-Art Skiving & Burnishing Machine

On behalf of Delta Hydraulics, Evahan prepared a grant application to Ausindustry's Job Investment Fund to contribute to the funding to purchase, install, and train relevant machine operators in the technical operation of Australia's most advanced skiving and burnishing machine that is capable of processing a cylinder tube with an inner diameter of 500mm and a length of up to 9 meters. Currently, Delta's capacity is limited to the production of cylinders with an inner diameter of 300mm and a length of 7 meters. 

The planned outcomes of the project are two-fold:

  1. Delta will be able to manufacture hydraulic cylinders with a with an inner diameter of 500mm and a length of up to 9 meters.
     
  2. Delta will be able to pursue new OEM customers across the segments of mining, construction, waste management and ocean exploration, where those customers have a hydraulic cylinder product specification for powerful and strong cylinders.  Specifically, with this new skiving and burnishing machine.

This machine not only meets our inner diameter and length requirements, but the machine also rotates the workpiece (metal tube) in the opposite direction to the tool head containing the skiving knives and burnishing rollers. In traditional skiving and burnishing machines, the workpiece (metal tube) is fixed in place, and momentum generated by the tool head makes it want to rise to the top of the tube, leaving a lip at the bottom of the tube. By rotating the workpiece (metal tube) and tool head reversely, forces are counterbalanced, and the honed bore is in the exact center of the tube. It will be the largest machine in Australia with this dual-reverse rotation feature and is critical for meeting the quality specifications of customers

The application included a Business Plan supported by a detailed Financial Model with market penetration forecasts, cashflow forecasts and RIO calculations.

The application addressed the assessment criteria, specifically:

  • The value for money offered by your Project
  • Regional development
  • Supply chain improvements
  • Social or environmental impacts
  • Development of a new industry
  • Innovation or technology diffusion
  • The need for funding including the impact the grant will have on the size and timing of the project.

 

D Elta Hydraulics KB Machine Counter Rotate Technology
D Elta Hydraulics KB Machine Counter Rotate Technology

Project Outcomes and Value Added by Evahan
Evahan achieved the following outcomes for Delta Hydraulics:

  • Lodgment of a grant application on time and addressing all the assessment criteria and adopting the jargon of the Department of Industry Science and Resources
  • A commercial project Business Plan
  • Detailed financial model consisting of forecast cashflows, with key assumptions and contingency factoring which underpins the project Business Plan

Does your organisation need to prepare a grant application to contribute to the funding of a new project or venture? Contact Evahan Managing Director and Principal Consultant Jason Bresnahan to explore how we can leverage our grant and licence application preparation experience for your company.