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SIGNIFICANT SUPPORT FROM THE VICTORIAN GOVERNMENT

The Victorian Government’s $200 million Future Industries Fund supports high growth industry sectors that are critical to securing Victoria’s future as a competitive, innovative and outward looking economy. Defence has been identified as one of six industry sectors that have the potential for growth and the capacity to create high skill, high wage jobs.

FUTURE INDUSTRIES FUND MANUFACTURING PROGRAM

The Victorian Government’s Future Industries Manufacturing Program offers funding of up to $500,000 to companies to implement new manufacturing technologies and processes in their Victorian operations.

For information on eligibility, funding guidelines, project plan template, and application guidelines visit Business Victoria or call Business Victoria on 13 22 15.

FUTURE INDUSTRIES SECTOR GROWTH PROGRAM

Under the Victorian Government’s $200 million Future Industries Fund, grants of up to $1 million are available for Victorian based projects which are aligned with the Future Industries Sector Strategies. The Sector Growth Program provides grant funding for Victorian-based projects which meet the following aims:

  • Drive growth, productivity and competitiveness of Victorian based businesses
  • Encourage collaboration between organisations operating in the Future Industry priority sectors
  • Leverage co-investment into projects with clearly defined outputs / outcomes
  • Create Victorian-based jobs and offer value for money from Government funding

For information on eligibility, program guidelines, project proposal template, expression of interest, frequently asked questions, and application timelines visit Business Victoria or call Business Victoria on 13 22 15.

VICTORIAN DEFENCE INDUSTRY SUPPLY CHAIN PROGRAM

The Victorian Defence Industry Supply Chain Program is a Future Industries Fund initiative that will support Victorian small and medium-sized enterprises (SMEs) win more domestic and international defence and national security supply chain work.

The Victorian Government is committed to supporting Victoria’s thriving defence industry, creating jobs for Victorians, increasing investment in the State and boosting exports.

WHAT TYPES OF PROJECTS ARE ELIGIBLE?

The Victorian Defence Industry Supply Chain Program can support projects that address business systems and process certifications, tender response assistance and industry specific compliance requirements.

FUNDING AVAILABLE

Grants from $2,000 to $50,000 are available under the Victorian Defence Industry Supply Chain Program to assist companies with eligible projects.

All grants must be matched by a minimum cash co-contribution of $1 for every $1 granted.

MORE INFORMATION

Applicants are encouraged to discuss their project with a representative from the Victorian Defence Procurement Office, their local Victorian Government Business Office or their local Regional Development Victoria office.

For more information, including the Victorian Defence Industry Supply Chain Program Guidelines, visit www.business.vic.gov.au/defence-support or call Business Victoria on 13 22 15.

REGIONAL JOBS FUND

The Victorian Government Regional Jobs Fund (RJF) has been set up to facilitate job creation and retain existing jobs. The RJF aims to attract and facilitate investment with a focus on regional competitive disadvantage or high potential businesses. The Victorian Government’s Back to Work Plan has identified a number of high growth sectors such as defence which will be targeted for future jobs growth. The RJF will provide support for strategic projects and infrastructure through the following public grant streams:

  • Investment Attraction Program Stream
  • Innovation and Productivity Program Stream
  • Employment Precincts Program
  • Market Access

For information on eligibility, guidelines, information sheets, frequently asked questions visit Regional Development Victoria or contact rdv@rdv.vic.gov.au

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The Victorian Government’s Defence Industry eNewsletter keeps decision makers and Australia’s defence industry informed about the latest news and developments in Victoria’s defence sector.