The Manufacturing Industry and Development Fund: Business Competitiveness Program is opening another round imminently and is offering grants of up to 33% of eligible project expenditure, up to a maximum grant amount of $500,000. Grants will be allocated on a competitive basis for projects to be completed within 18 months of receiving the grant.
This program will assist small and medium manufacturers with an existing presence in Victoria to expand their manufacturing operations and implement new manufacturing technologies and processes that provide a critical foundation for generating sustainable new local jobs.
Representative bodies could receive up to $90,000 per financial year as there were fewer applications in this tier.