Deadline: 20-Jan-23
The State Government of Victoria is pleased to announce the Low Carbon Manufacturing Grant Program – Business Readiness Stream.
Victoria’s transition to net zero emissions will require components to be made at scale to support the shift to renewable energy and lower emission processes. This provides an opportunity for local manufacturers to grow, generating economic activity, securing well-paid jobs, increasing exports, and reducing Victoria’s reliance on international supply chains.
The Low Carbon Manufacturing Grant Program – Business Readiness Stream (the program) assists small to medium size Victorian manufacturers to access business services, advice, or expertise in order to participate in low carbon and renewable energy supply chains. Funding could support technology adoption, the commercialisation or late-stage research and development of products for local and global supply chains in response to emerging market opportunities in the transition to a low carbon economy.
Objectives
The program will utilise co-investment funding to support the investment readiness of Victorian manufacturers to:
- Introduce new low carbon component or product manufacturing capability.
- Enter new local and global supply chains for renewable energy and low carbon components.
- Leverage commercial and government investments and contracts.
Funding Information
- Grants of up to $50,000 are available.
- All grants must be matched by a minimum cash co-contribution of $1 for every $1 granted.
Eligible Projects
Projects should respond to emerging market opportunities associated with the transition to a low carbon economy, specifically translatable to new or scaled manufacturing opportunities for the business.
Eligible Project Funding may support but not be limited to:
- Commercialisation of new products and components.
- Market research into local and global supply chains.
- Capability training for skills transition and uplift.
- Business case development for major investment or business diversification.
- Process innovation for low carbon manufacturing.
Outcomes
- Increase in capability and preparedness of Victorian manufacturers to make components or products to support the transition to net zero emissions.
- Support Victorian manufacturers to capture government and commercial investments and contracts.
- Support Victorian manufacturers to participate in local and global supply chains.
Eligibility Criteria
The program is open to small to medium sized manufacturers with an existing manufacturing presence in Victoria who are on a growth trajectory and require support to access business services, advice, or expertise to capitalise on emerging market opportunities associated with the low carbon economy.
Applicants must meet the following criteria to be eligible for assistance under the program:
- Be an eligible legal entity; and
- Hold an Australian Business Number (ABN); and
- Be an employing business registered for WorkCover insurance with WorkSafe Victoria; and
- Agree to meet any co-contribution requirements with eligible cash expenditure
- Be currently engaged in manufacturing or the manufacturing supply chain or demonstrate a genuine commercial connection to the manufacturing supply chain in Victoria.
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Attest that they:
- Agree to conduct the proposed activities in Victoria
- Have met all industrial relations obligations as an employer in accordance with the National Employment Standards; and
- Will participate in future program evaluation activity; and
- Will not procure services from a business services provider with the same parent company, shared governance, or have common directors.
For more information, visit State Government of Victoria.
For more information, visit https://bit.ly/3fRu0yz