29th April 2021 | Grants
The Business Competitiveness Program will assist small and medium manufacturers with an existing presence in Victoria to expand their manufacturing operations and implement new manufacturing technologies and processes that provide a critical foundation for generating sustainable new local jobs.
The program aims to create jobs, increase industry competitiveness, and help strengthen local supply chains in traditional and emerging manufacturing sectors where Victoria has competitive advantages.
Grants of up to 33 per cent of eligible project expenditure, up to a maximum grant amount of $500,000, will be allocated on a competitive basis for projects to be completed within 18 months of receiving the grant.
Eligible projects include the purchase and commissioning of capital equipment, manufacturing product and process improvements, prototyping, evaluation and testing of new products and processes, and supply chain capability development. Further details can be found in the program guidelines linked below.
The Business Competitiveness Program will be delivered in up to two competitive funding rounds per year, and applications will only be accepted when a funding round is open.
Applications for the first funding round are now open, with a second round to open later in 2021 (August–September).
Before applying, please read the information provided on this page, including the program guidelines and frequently asked questions (FAQs). Applicants must ensure they have the required documentation before they apply.
To find out the guidelines click here
If you would like any assistance please contact our team