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Industry R&D Infrastructure Fund

Victorian Government · Australia

The Industry R&D Infrastructure Fund provides matched grants to Victorian businesses to invest in new or enhanced research and development infrastructure. It supports projects that grow Victoria's R&D capability, increase business expenditure on R&D, and strengthen collaboration across priority industry sectors.

Official Grant Page

Funding

$250K – $2M

Closed

18 Aug 2023

Duration

12 months

Location

Victoria

Who Can Apply

• Must be a business operating in Victoria with an active ABN. • Must employ at least 20 FTE staff or have annual turnover between $1.5 million and $100 million. • Must be seeking funding for new or enhanced R&D infrastructure or provide R&D services. • Must provide at least 1:1 co-contribution and comply with relevant Victorian employment and policy obligations.
Eligible applicants are businesses operating in Victoria with an Australian Business Number (ABN) that have identified key research and development equipment or infrastructure to support their R&D activities and anchor their operation in Victoria, or businesses that provide R&D services. The organisation must employ at least 20 full-time equivalent staff or have annual turnover between $1.5 million and $100 million, agree to meet industrial relations obligations under the National Employment Standards, adhere to Victoria's Climate Change Act 2017, Fair Jobs Code (2018), Local Jobs First Policy (2018) and Gender Equality Act (2020), and demonstrate why government funding is necessary to achieve or improve project outcomes. Successful applicants must complete project activities within 12 months unless an extended timeline is negotiated. Grants cover up to 50% of eligible project expenditure and require a minimum 1:1 co-contribution from the applicant.

What's Funded

Purchase, establishment or enhancement of R&D infrastructure and sophisticated equipment such as testing and measurement instruments, imaging and sensing technologies, clean room facilities, laboratories, prototyping centres, and other infrastructure that supports business-led R&D activity in Victoria.

Expected Outcomes

Funded projects are expected to increase business expenditure on R&D, expand Victorian R&D capability, support collaboration with universities or research providers, strengthen supply chains and workforce capability, and help businesses compete in emerging and priority industry sectors.

Key Information

Applicant Types

company

Stage

growthestablished

Funding Purposes

r_and_dinnovationcapital_expenditurecommercialisationresearch

Keywords

Victoriaresearch and developmentR&D infrastructuremanufacturinginnovationadvanced technologyhealth technologyfood manufacturing

Frequently Asked Questions

What is the Industry R&D Infrastructure Fund?

The Industry R&D Infrastructure Fund is a business grant offered by Victorian Government in Australia, providing $250K – $2M in funding. The Industry R&D Infrastructure Fund provides matched grants to Victorian businesses to invest in new or enhanced research and development infrastructure. It supports projects that grow Victoria's R&D capability, increase business expenditure on R&D, and strengthen collaboration across priority industry sectors.

How much funding does the Industry R&D Infrastructure Fund provide?

The Industry R&D Infrastructure Fund provides $250K – $2M in funding. The typical project duration is 12 months.

Who is eligible for the Industry R&D Infrastructure Fund?

• Must be a business operating in Victoria with an active ABN. • Must employ at least 20 FTE staff or have annual turnover between $1.5 million and $100 million. • Must be seeking funding for new or enhanced R&D infrastructure or provide R&D services. • Must provide at least 1:1 co-contribution and comply with relevant Victorian employment and policy obligations.

When does the Industry R&D Infrastructure Fund close?

Applications closed on 18 Aug 2023.

What activities are funded?

Purchase, establishment or enhancement of R&D infrastructure and sophisticated equipment such as testing and measurement instruments, imaging and sensing technologies, clean room facilities, laboratories, prototyping centres, and other infrastructure that supports business-led R&D activity in Victoria.

How do I apply for the Industry R&D Infrastructure Fund?

Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.

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