The newly announced Made in Victoria – Manufacturing Growth Program Round 2 grant will assist small and medium manufacturers with an existing presence in Victoria to:
- expand their capacity and capability by implementing new manufacturing technologies
- improve productivity and competitiveness in local and global supply chains
- create new jobs, upskill and reskill workers
- support Victoria’s transition towards net zero emissions.
Grants of between $50,000 to $250,000 are available. All grants must be matched by a minimum cash co-contribution of $2 for every $1 granted.
Eligible grants will support the purchase and commissioning of capital equipment and associated project expenditure related to manufacturing product and process improvements, prototyping, evaluation and testing of new products and processes, and supply chain capability development.
Projects will be expected to commence within 30 days of execution of the grant agreement and evidence provided that the applicant has committed a minimum of 10% of eligible project expenditure by this date.
Successful applicants will need to complete the project activities within 12 months of the date of the grant agreement.
Applications close on 19 December 2023.