ClosedBusiness
Industry R&D Infrastructure Fund
Victorian Government · Australia
The Industry R&D Infrastructure Fund provides matched grants to eligible Victorian businesses to invest in new or enhanced research and development infrastructure. Funding supports projects that expand R&D capability, increase business expenditure on R&D, and strengthen collaboration and innovation across key industry sectors.
Funding
$250K – $2M
Closed
24 Aug 2023
Duration
within 12 months
Location
Victoria
Who Can Apply
• Be a business operating in Victoria with an Australian Business Number (ABN)
• Have identified key research and development equipment or infrastructure that will support R&D activities and anchor operations in Victoria, or provide R&D services
• Employ at least 20 full-time equivalent staff or have annual turnover between $1.5 million and $100 million
• Agree to meet all industrial relations obligations as an employer in accordance with the National Employment Standards
• Agree to adhere to and enforce Victoria’s Climate Change Act 2017, the Fair Jobs Code (2018), the Local Jobs First Policy (2018) and Gender Equality Act (2020)
• Demonstrate why government funding is necessary to achieve the project outcomes or would lead to improved outcomes
• Provide a minimum 1:1 co-contribution, with grants covering up to 50% of eligible project expenditure
• Complete project activities within 12 months unless otherwise negotiated
• Not use funds from other Victorian or Australian Government programs as part of the co-contribution
The fund is open to businesses operating in Victoria that have identified key research and development equipment or infrastructure to support their R&D activities and anchor their operations in Victoria, including businesses that provide R&D services. Eligible organisations must have an active Australian Business Number, employ at least 20 full-time equivalent staff or have annual turnover between $1.5 million and $100 million, 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 require a minimum 1:1 co-contribution and government funds from other Victorian or Australian Government programs cannot be used as co-contribution.
What's Funded
Purchase, establishment or enhancement of R&D infrastructure and sophisticated equipment such as measurement instruments, testing equipment, imaging and sensing technologies, clean room facilities, laboratories, prototyping centres and other facilities that support business R&D activity in Victoria.Expected Outcomes
Projects are expected to increase Victorian business expenditure on R&D, expand R&D capability, support collaboration between industry and universities or research providers, strengthen supply chains, upskill the workforce, create jobs, and improve industry competitiveness in emerging and priority sectors.Key Information
Applicant Types
companyother
Stage
growthestablished
Funding Purposes
r_and_dinnovationcapital_expenditurecommercialisationemploymenttraining
Keywords
Victoriaresearch and developmentR&D infrastructuremanufacturinginnovationadvanced technologyhealth technologyfood manufacturing
Frequently Asked Questions
1
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 eligible Victorian businesses to invest in new or enhanced research and development infrastructure. Funding supports projects that expand R&D capability, increase business expenditure on R&D, and strengthen collaboration and innovation across key industry sectors.
2
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 within 12 months.
3
Who is eligible for the Industry R&D Infrastructure Fund?
- Be a business operating in Victoria with an Australian Business Number (ABN)
- Have identified key research and development equipment or infrastructure that will support R&D activities and anchor operations in Victoria, or provide R&D services
- Employ at least 20 full-time equivalent staff or have annual turnover between $1.5 million and $100 million
- Agree to meet all industrial relations obligations as an employer in accordance with the National Employment Standards
- Agree to adhere to and enforce Victoria’s Climate Change Act 2017, the Fair Jobs Code (2018), the Local Jobs First Policy (2018) and Gender Equality Act (2020)
- Demonstrate why government funding is necessary to achieve the project outcomes or would lead to improved outcomes
- Provide a minimum 1:1 co-contribution, with grants covering up to 50% of eligible project expenditure
- Complete project activities within 12 months unless otherwise negotiated
- Not use funds from other Victorian or Australian Government programs as part of the co-contribution
4
When does the Industry R&D Infrastructure Fund close?
Applications closed on 24 Aug 2023.
5
What activities are funded?
Purchase, establishment or enhancement of R&D infrastructure and sophisticated equipment such as measurement instruments, testing equipment, imaging and sensing technologies, clean room facilities, laboratories, prototyping centres and other facilities that support business R&D activity in Victoria.
6
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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