BioMedVic welcomes today’s news that the Victorian Government is investing in the future of Victorian businesses with $14.5 million in new funding to help businesses grow.
Under the Boost Your Business program, Victorian businesses will be able to apply for vouchers to access targeted services from January 2018. The vouchers will provide funding for businesses to engage registered service providers to undertake activities such as developing new products, improving business processes and systems, identifying new export markets, undertaking research and development or gaining certification.
The vouchers will be available under four different streams:
- The Advancing Victorian Manufacturing stream, which will deliver key components of the Advancing Victorian Manufacturing: A Blueprint for the Future
- A dedicated Food Innovation stream, delivering on the Food and Fibre Sector Strategy
- The Social Enterprise Capability stream will provide support for social enterprises to help them build skills and capacity, increasing their ability to employ and support disadvantaged jobseekers: this is part of the Victorian Government’s Social Enterprise Strategy
- The Asia Gateway stream, part of the Victorian Government’s China Strategy – Partnerships for Prosperity
The first round opens on 29 January 2018 and more information is available here.