Up to $250,000 is available for businesses in the Geelong region to invest in new infrastructure.

Greater Geelong Industry Fund

 

100% Success Rate in Round 1 of Investing in Manufacturing Technology

100% Success Rate with the Geelong Investment and Innovation Fund

See How We Can Assist Your Application

 

Overview

The Greater Geelong Industry Fund provides up to $250,000 for businesses located in the Geelong region to invest in infrastructure that will:

  • generate sustainable new jobs
  • develop new products
  • adopt new technologies and processes; and
  • identify and explore new markets.

The Greater Geelong Industry Fund is also open to businesses looking to relocate to, or set up operations in, the Geelong region.

 

Funding

The Greater Geelong Industry Fund requires a minimum co-contribution from the business of $2 for every $1 granted. Eligible project expenditure includes capital expenditure and other project-related non-capitalised expenditure but does not include internal costs, salaries or resources.

 

Timing

Round One of the GGIF closed on 31 January 2013. It is anticipated that there will be a second round of GGIF in early 2014.

 

Expert Assistance

Writing a good quality grant application is a critical element in the application process. An application needs to be well thought through, written concisely, have clear objectives and purpose, and show clear links to the objectives of the grant guidelines.

The grant application must answer all questions, provide all required information and respond to the merit criteria. It should also reflect your organisation’s business strategy.

Writing a good application takes time and effort, and requires particular writing skills.

Bulletpoint are expert grant consultants and can assist with all aspects of grant preparation. We are an independent grants consultancy and is not affiliated, associated, endorsed by any government agency.

Call us on (03) 9005 6789 or email to discuss further.

 

More Information

Department of State Development, Business and Innovation
Business Victoria Help Line
Tel: 13 22 15
See here for more information

 

Recipients

The recipients that have been announced so far include:

  1. IXL Metal Castings ($180,000) – funding to purchase and commission new production equipment to further expand into the iron castings market.
  2. Farm Foods Retail Services ($215,000) – funding to introduce portion control and extend product shelf life using innovative technology and packaging systems
  3. Associated Kiln Driers ($250,000) – funding to upgrade equipment at its Irrewarra Sawmill
  4. Carbon Revolution ($250,000) – funding to expand production and increase the workforce from 25 to 45 staff enabling 4,000 wheels to be made per year
  5. Express Promotions ($220,000) – funding to purchase automated notice inserting technology

 

Media Release

Premier Denis Napthine today opened the new Little Creatures Brewery in South Geelong following a $60 million investment by Lion that will create 50 new jobs.
Dr Napthine said the development of the new brewery was a further boon to Victoria’s biggest regional city and a great example of innovation.
“The conversion of the historic Valley Mills site into a $60 million brewery and hospitality venue will bring Geelong not just 50 new jobs but also many other benefits,” Dr Napthine said.
“The Little Creatures project will foster community spirit, diversify industry, develop skills, create new jobs and boost local tourism.
“It is the perfect example of industry, innovation and investment all coming together to create, not only a new enterprise, but a stronger regional Victorian economy.
“I congratulate Lion on the development of the brewery site and their ongoing commitment  to promoting and building jobs in this great region.”
Dr Napthine said the $60 million investment from Lion would double brewing capacity in Australia for Little Creatures, which also operates a brewery in Fremantle.
“The Victorian Coalition Government is committed to working with business and industry to bring even more investment to Geelong,” Dr Napthine said.
“The Coalition Government’s Geelong Investment and Innovation Fund has already helped to drive new jobs at innovative companies such as Carbon Revolution (20 new jobs) and Farm Foods (26 new jobs).
“In addition, the Cotton On Group has made Geelong its global headquarters providing 500 jobs while Bunnings, Coles, McDonalds and many other national companies are seeing the growth of Geelong and making major new investments and creating hundreds of new jobs.
“From a Victorian Government perspective we have also secured Geelong as the national headquarters for the National Disability Insurance Agency involving up to 450 jobs while we have also made a commitment to relocating Workcover to Geelong and the 550 jobs it entails.
“Geelong is in a transition period, but I am confident it has a bright future with new investment highlighted today by the opening of Lion’s $60 million Little Creatures Brewery,” Dr Napthine said.
Member for South Barwon Andrew Katos welcomed the opening of the brewery.
“It is great for our region having the well-known and successful Little Creatures Brewery open in South Geelong. The Brewery will be a fantastic tourist draw card and will boost our local economy,” Mr Katos said.
“The development of the brewery has created many construction jobs and 50 ongoing jobs, which is great news for our community.”