Funding is available for Victorian manufacturers to manufacture products or components that support the state’s transition to net zero emissions by 2045.
The initiative aims to support manufacturers to produce products or components crucial for the transition to a sustainable future.
The program provides an opportunity for manufacturers to supply manufactured inputs for renewable energy generation, transmission, storage and transportation (including, but not limited to wind, hydro, batteries, hydrogen and solar). This will generate economic activity, secure well-paid jobs, increase exports, and reduce Victoria’s reliance on volatile international supply chains.
Projects could include but are not limited to the manufacture of:
The program is open to manufacturers with a presence in Victoria who require support to increase their capability to manufacture products or components for local and global supply chains contributing to net zero and low emissions technologies. Applicants must meet a set of criteria to be eligible for assistance under the program. Eligible entities can apply for grants ranging from $100,000 to $750,000. All grants must be matched with a minimum cash co-contribution of $3 for every $1 granted.
How to apply
To access the program guidelines and apply, interested parties are advised to review the outlined criteria, compile necessary documentation, and submit their applications online. For additional support, the Business Victoria hotline (13 22 15) is available to assist applicants through the process.