Made in Victoria – Manufacturing Growth Program Round 2

The Made in Victoria – Manufacturing Growth Program Round 2 is open to small to medium sized enterprises (SMEs) that are on a growth trajectory and require support to expand their manufacturing operations.

Funding of between $50,000 to $250,000 is available. Note this funding must be matched by a minimum cash co-contribution of $2 for every $1 granted.

Eligible Made in Victoria – Manufacturing Growth Program Projects

Projects under the Made in Victoria – Manufacturing Growth Program Round 2 must clearly demonstrate how the funding will support the creation of new jobs in Victoria, and increased productivity through investment in new technologies and processes.

Eligible project expenditure on the proposed activities in Victoria, includes:

capital expenditure
other project-related non-capitalised expenditure related to product and process improvements, evaluation and testing of new products and processes, technology development and supply chain capability development
minor building alterations and fit-out costs
external training costs specific to the technology
external labour and contractors related to the delivery of the project.

Projects will be expected to commence within 30 days of execution of the grant agreement and complete within 12 months.

Eligible Businesses

Eligible businesses need to

hold an Australian Business Number (ABN)
be an employing business registered for WorkCover insurance with WorkSafe Victoria
agree to meet any co-contribution requirements with eligible cash expenditure
be currently engaged in manufacturing or the manufacturing supply chain or demonstrate a genuine commercial connection to the manufacturing supply chain in Victoria
employ at least 20 FTE (full-time equivalent) staff or have an annual turnover of greater than $1.5 million (preference will be given to applicants that have less than 200 employees and turnover of less than $100 million)

Learn More

Click here to learn more and apply for the Made in Victoria – Manufacturing Growth Program Round 2

Note applications close on 19 December 2023

Wayne Wanders is an experienced Business Advisor skilled in analysing business financial performance and cash flow. Wayne may also be able to assist you in preparing your grant application. Contact Wayne below for a free no obligation session.

Also, if you want some more information on grants, contact me below

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