Up to $250,000 is available for businesses in the Geelong region to invest in new infrastructure.
100% Success Rate in Round 1 of Investing in Manufacturing Technology
100% Success Rate with the Geelong Investment and Innovation Fund
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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:
- IXL Metal Castings ($180,000) – funding to purchase and commission new production equipment to further expand into the iron castings market.
- Farm Foods Retail Services ($215,000) – funding to introduce portion control and extend product shelf life using innovative technology and packaging systems
- Associated Kiln Driers ($250,000) – funding to upgrade equipment at its Irrewarra Sawmill
- 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
- Express Promotions ($220,000) – funding to purchase automated notice inserting technology
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