Grants upto $1M now available through Victorian Government’s Sector Growth Program
Currently, a new round of funding is available under the Victorian Government’s Sector Growth Program, that offers up to $1 million for supporting projects that would lead to the creation of jobs for Victorians, as well as drive growth, productivity & competitiveness of local Victorian businesses.
Eligibility requirements for the Program have changed now. Applicants will need to only show their trading history for atleast two years as well as a consortium is needed for Stream 2 projects only.
Applicants need to address four assessment criteria, focusing on alignment with Future Industries sector strategies, capacity to undertake project, economic advantages to the state, as well as value for money.
Until now, the Program has supported great projects like a 4D scanner for better diagnosing & treating lung conditions, the establishment of a dedicated food group for boosting the industry in Melbourne’s North, as well as a biodigester system for helping farmers dispose of waste in a environmentally-friendly way.