- Resource Assessment Grants
The new Resource Assessment Grants program has been designed for Victorian manufacturers with less than 200 employees who are interested in improving their profitability by reducing energy and materials costs.
A round of funding is now open for materials assessments and for combined material and energy assessments until Friday 5 August 2016.
Funding of up to $10,000 is available to cover 50 per cent of the cost to engage a consultant to conduct a resource assessment of your operations.
A $3000 implementation support bonus is available for businesses that can show evidence of implementing one or more recommendations from their assessment.
Grant Thornton is working with a specialist provider, Greenstreets, to undertake these assessments.
Future Industries Manufacturing Program
The new Future Industries Manufacturing Program supports Victorian manufacturers investing in projects that:
- generate sustainable new local jobs, including high-value jobs
- improve productivity and international competitiveness and
- target growth opportunities
The fund offers grants of up to $500,000 and recipients will be expected to contribute at least $3 for every $1 in grant funding awarded. Projects must include at least $100,000 of eligible expenditure.
The grant supports projects that will deliver on the program objectives by undertaking activities such as:
- capital expenditure and other project-related non-capitalised expenditure
- manufacturing product and process improvements
Applications are open on a continual basis.