Up to $2 million grant funding for Victorian R&D infrastructure
The $15 million Made in Victoria - Industry R&D Infrastructure Fund is offering grant funding between $250,000 and $2 million, on a 50:50 matching funding basis, to eligible businesses to invest in or expand existing R&D infrastructure.
Grant funding can be used to support investment in new infrastructure and sophisticated equiment including measurement instruments, testing equipment, imaging / sensing technologies, and clean room facilities.
The program is open to businesses that provide R&D services and/or undertake R&D as part of their operations, and eligible businesses must:
Be operating in Victoria and hold an Australian Business Number (ABN
Have a three year trading history
Employ at least 20FTE staff or have an annual turnover between $1.5 and $100 million
The program aims to support new R&D infrastructure projects aligned to Victoria’s priority industries including:
new energy technologies, including wind, hydrogen, solar and batteries
health technologies, including medtech, biotech, pharma and consumer healthcare
food manufacturing and agriculture
defence, aerospace and space
digital and advanced technologies, including advanced materials, robotics, AI (Artifical intelligence), 3D-printing, and quantum technologies
The two-stage application process includes an Expression of Interest, with successful EOI applicants invited to apply to Stage Two and submit a detailed application including project plan, project budget, financial reports, evidence of co-contribution capacity, business plan, risk management plan, and letters of support.
Expressions of Interest must be submitted by 5pm on Friday 18 August 2023.
For more information and to submit your EOI click HERE.