Grants in VIC

The Powering the Regions Fund (PRF) is committed to advancing the growth of emerging clean energy sectors. An extensive funding allocation of $200 million has been assigned to the Critical Inputs to Clean Energy Industries (CICEI) initiative, covering the Cement, Lime, Alumina and Aluminium sectors (CLAAS). This funding is intended to bolster the resilience of these sectors within Australia, ensuring their ongoing provision of vital components for infrastructure and supply chains. Such initiatives play a pivotal role in strengthening Australia's position as a frontrunner in the realm of renewable energy.

It will need a collaborative approach to delivering investment in regional Australia. It will bring governments and communities together to develop and deliver regional precincts adapted to local requirements, with a shared vision for how that precinct connects to the region.

Operated under the auspices of the Department of Climate Change, Energy, the Environment, and Water, the Recycling Modernisation Fund (RMF) is diligently bridging critical voids within Australia's recycling infrastructure. An infusion of $60 million has been designated for the RMF's Plastics Technology stream, constituting the subsequent stride in the Government's strategic endeavours to grapple with the quandaries of plastic recycling rates and pollution. The focal point of this advancement entails the provision of backing to cutting-edge and inventive technologies that specifically target the complexities associated with recycling obstinate plastics that pose challenges in reprocessing.

The Australian Government has launched a grant initiative in accordance with the Powering the Regions Fund’s (PRF) goal of fostering the growth of new clean energy industries. The Critical Inputs to Clean Energy Industries (CICEI) Program has been allocated $200 million to the Primary Steel Production Sector (PSPS) to ensure its continued presence in Australia and its ability to supply the necessary infrastructure and supply chains for Australia to become a leader in renewable energy.

The grant program provides financial support to help businesses recover from the impact of the floods that occurred in Victoria in October 2022. Grants in the amounts of $20,000 and $50,000 are available to business groups that represent businesses affected by the floods are eligible to apply for funding to implement projects that address the local impact of the disaster. Multicultural and Aboriginal business groups in Victoria are particularly encouraged to apply for these grants.

The Industry R&D Infrastructure Fund will encourage businesses in Victoria to invest in new or improved R&D infrastructure to support the expansion of Victoria’s R&D capability across important industry sectors and increase company R&D spending. The funding with grants up to 50% of project costs, ranging from $250,000 to $2 million can benefit a business, an industry, or both. However, it must demonstrate how the project will increase Victoria’s business expenditure on R&D in the medium to long term.

The Victoria-Israel Science and Technology Research and Development (VISTECH) Program supports market-orientated collaborative research and development (R&D) projects by Victorian (Australia) and Israeli companies with funds.

The Timber Supply Chain Resilience Package aims to assist Victorian manufacturers in transitioning their businesses and planning for the future by offering grants, professional advice, and planning services. Eligible businesses must process native hardwood from Victorian state forests to manufacture various products, including flooring, stairs, furniture, doors, windows, architectural features, or pallets.

The Australian Government's Defence Global Competitiveness Grants Program aims to build a strong, sustainable and globally competitive Australian defence industry by supporting eligible Australian Small to Medium Enterprises to build export capability.