Small and medium-sized Victorian manufacturers can now apply for grants under Round 2 of the Made in Victoria Manufacturing Growth Program.
Grants of up to $250,000 are available to introduce new technology, improve productivity and competitiveness locally and globally, upskill workers and create new jobs.
Recipients of Round 1 of the program were announced last month, with 14 Victorian manufacturers supported and 138 new jobs created.
Underpinned by the Made in Victoria 2030: Manufacturing Statement, current initiatives include the $2 billion Breakthrough Victoria Fund, the $20 million Manufacturing and Industry Sovereignty Fund, the $15 million Industry R&D Infrastructure Fund, the Energy Technologies Manufacturing Program and the $4.5 million Digital Jobs for Manufacturing Program.
Minister for Jobs and Industry Natalie Hutchins said Victoria’s $33 billion manufacturing industry is a driving force of the state’s economy, made up of over 24,000 businesses, supporting more than 260,000 jobs and exporting goods worth $23.9 billion.
“Manufacturing is critical to growing our economy and supporting local jobs. These grants will help more local businesses to innovate and expand, drive investment, and compete globally,” said Hutchins.
