Grants in Manufacturing

The Program has been co-designed with Government and industry to support and enhance Victoria’s distillery industry through supporting skills development, boosting the visitor economy, infrastructure, and export capability.

The National Reconstruction Fund Corporation (NRFC) provides debt finance, equity finance, and guarantees to businesses with strong proposals in priority sectors. Established by the Australian Government, the NRFC aims to enhance the flow of finance into these areas to diversify and transform Australia's industry and economy.

The Victorian Government's $60 million Manufacturing and Industry Development Fund - Business Competitiveness Program is open to small to medium sized enterprises (SMEs) that require support to expand their manufacturing operations and continue on their growth trajectory.

The Manufacturing Translation Stream provides businesses with funding to support projects that translate high quality research into commercial outcomes and support businesses to scale-up and be more competitive and resilient. It provides co-funding to support businesses to adopt new technologies and improve their manufacturing processes to boost productivity and competitiveness.

The Breakthrough Victoria Fund - Catalyst for Change investment stream addresses the funding gap between a minimum viable product and meeting market need. It invests in commercial entities that have demonstrated some early market traction and have tested market need and alignment.

The Breakthrough Victoria Fund - Creating the Pipeline investment stream will invest in businesses or entities with early-stage ideas for the development of prototypes, proof-of-concept trials, market validation and creation of minimum viable products. It will help bridge the critical funding and knowledge gaps between ideas and their commercialisation.

The Breakthrough Victoria Fund - Foundational Technology & Platform Projects investment stream will invest in enabling technologies, research platforms and infrastructure with cross-sector application to provide a springboard for start-ups and scale-ups in emerging industries.

The Breakthrough Victoria Fund - Catalyst for Growth investment stream will ensure that the capability and experience generated from an expanding (in revenue and market) entity will remain in Victoria to uplift other aspiring businesses and innovators, including development of a skilled workforce, increased commercialisation experience, and access to mentors. Ensuring the majority of operations remain in Victoria will generate significant jobs and local economic benefit.

Growth Grants are small grants to help you to engage external expertise to help you implement the recommendations in your roadmap or plan.