In recognition of the structural adjustment Victoria is facing with the closure of automotive manufacturing operations, the Victorian and Commonwealth governments have announced three programs designed to create new manufacturing jobs.

  • the Victorian Government’s $33 million Local Industry Fund for Transition (LIFT) Program
  • the Victorian Government's $5 million Future Industries Manufacturing Program and
  • the Commonwealth Government’s $30 million Next Generation Manufacturing Investment Program

$30 million Next Generation Manufacturing Investment Program - Round 2

A new round of funding is now open under the Next Generation Manufacturing Investment Program to encourage manufacturing investment in South Australia and Victoria.

Funding is available on a competitive basis for up to one-third of eligible costs, for projects which have at least $1.5 million in eligible expenditure. The grants range from $500,000 to $2.5 million.

Applications close 18 April 2016.

$33 million Local Industry Fund for Transition (LIFT) Program

The new LIFT Program supports job-creating projects in Melbourne’s North, West, South-East and Geelong local government areas impacted by automotive manufacturing closures.

Funding is available on a competitive basis for up to 25 per cent of eligible costs, for projects which have at least $200,000 in eligible expenditure. The grants range from $50,000 to $2 million.

Applications are open on a continual basis.

$5 million Future Industries Manufacturing Program

The new Future Industries Manufacturing Program supports investments in new manufacturing technologies.

Funding is available on a competitive basis for up to 25 per cent of eligible costs, for projects which have at least $100,000 in eligible expenditure. The grants range from $25,000 to $500,000.

Applications are open on a continual basis.