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Accelerating growth in local manufacturing

06 November 2023

Made in Victoria – Manufacturing Growth Program Round 2 – aims to support manufacturers to invest in productivity boosting advanced technologies to expand their businesses.

Program overview

The Made in Victoria – Manufacturing Growth Program Round 2 will assist small and medium manufacturers with an existing presence in Victoria to:

  • expand their capacity and capability by implementing new manufacturing technologies as outlined in the Made in Victoria 2030 – Manufacturing Statement
  • improve productivity and competitiveness in local and global supply chains
  • create new jobs, upskill and reskill workers
  • support Victoria’s transition towards net zero emissions.

Eligible grants will support the purchase and commissioning of capital equipment (recorded as fixed assets in the applicant’s accounts) and associated project expenditure related to manufacturing product and process improvements, prototyping, evaluation and testing of new products and processes, and supply chain capability development.

Projects will be expected to commence within 30 days of execution of the grant agreement and evidence provided that the applicant has committed a minimum of 10% of eligible project expenditure by this date.

Successful applicants will need to complete the project activities within 12 months of the date of the grant agreement. Completion of the project within this timeframe will be a legally binding commitment in the grant agreement.

Please make sure to read the details below before applying.

Who can apply?

Applicants must meet the following criteria to be eligible for assistance under the program:

  • be an eligible legal entity ; and
  • hold an Australian Business Number (ABN); and
  • be an employing business registered for WorkCover insurance with WorkSafe Victoria; and
  • agree to meet any co-contribution requirements with eligible cash expenditure; and
  • be currently engaged in manufacturing or the manufacturing supply chain or demonstrate a genuine commercial connection to the manufacturing supply chain in Victoria; and
  • 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)  attest that they:
  • agree to conduct the proposed activities in Victoria; and
  • have met all industrial relations obligations as an employer in accordance with the National Employment Standards; and
  • will participate in future program evaluation activity; and
  • will provide financial reports as defined in section 5.5 of these guidelines to enable the Department of Jobs, Skills, Industry and Regions (the department) to conduct a Financial Risk Assessment (FRA).
  • will comply with the requirements of the Fair Jobs Code if applicable

Grant amount

Grants of between $50,000 to $250,000 are available. All grants must be matched by a minimum cash co-contribution of $2 for every $1 granted.

Find out more and how to apply

Visit the program page at Business Victoria

This article was originally published on business.vic.gov.au

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