Grants in Manufacturing

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.

The Manufacturing Collaboration Stream provides funding for a small number of large, transformational projects. Projects that will either directly feature collaboration or will create and facilitate collaborative ecosystems.

The $107 million Supply Chain Resilience Initiative (SCRI) that was established to be part of the Australian Government’s $1.5 billion Modern Manufacturing Strategy. This grant aims to strengthen Australia’s ability to access critical products and inputs, better enabling us to respond to future supply chain disruptions.

The $30 million Commercialisation Fund aims to provide grants to Australian companies to help in commercialising new processes and products based upon new or existing IP for projects with a maximum project period of two years.

The $1.5B Modern Manufacturing Initiative is an opportunity for Australian manufacturing businesses to receive funding up to $20 million.

The $100 million Regional Job Creation Fund aims to co-fund projects that will create at least five sustainable jobs in regional New South Wales.

The 2020-2021 Federal Budget will allocate $200 million to the next round of the Building Better Regions Fund (BBRF), in order to support regional areas with new infrastructure to help create jobs and drive economic growth. The fund’s upcoming round will reserve $100 million for tourism-related infrastructure and $100 million for broader community infrastructure and investment.

The $50 million Manufacturing Modernisation Fund is an opportunity for SME manufacturing businesses to receive funding up to $1 million.