Workforce Training Innovation Fund

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What is the Workforce Training Innovation Fund?

The Workforce Training Innovation Fund (WTIF) is a targeted, Skills First funding stream to enhance workplace productivity and employment growth.

 

Background

The Workforce Training Innovation Fund creates opportunities for the joint exploration of new ideas and solutions to enhance workplace productivity and employment growth in priority industries identified by the Victorian Government.

The Victorian Government recognises that there are areas of labour market shortages and industry skills demands.

 

Objectives

The objectives of Workforce Training Innovation Fund are to:

  • Improve the efficiency, flexibility and responsiveness of the training and TAFE system in meeting industry skill needs and business training requirements in the areas of Victorian Government’s economic growth priorities.
  • Encourage partnerships between industry bodies, businesses, TAFEs and training organisations to collaboratively address complex or cross-sectoral issues facing the skills sector that require innovative thinking and modes of delivery.
  • Build new insights and evidence to support the design, adoption, and implementation of sustainable innovation that addresses priority challenges across Victoria’s training and TAFE system.
  • Identify new approaches to skills development to improve the capability and adaptability of participants/students.

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Call 1300 658 508

Workforce Training Innovation Fund

 

Funding

Funding up to $5 million across 4 categories is available for collaboration between industry and training providers to deliver innovation in training, workforce development and applied research. 

 

Eligible Projects

Funding can be used for:

  1. New training, products and methods
    Innovation in course development, product design and training delivery, supporting training and TAFE system improvements that drive social, economic and global success.
  2. Applied research
    Research solving ‘real world’ industry and business productivity challenges and the study of innovation in training design and delivery and product development.
  3. Workforce training and skills development
    Improving accessibility, relevance and delivery of workplace skills to support business productivity and learner employability.
  4. Priority sectors
    Design of skills development approaches for new and emerging industries, key priority growth industries, and the Victorian Government priority sectors: advanced manufacturing, agriculture, clean economy, digital technologies, health, infrastructure and social services.

 

Eligible Applicants

Applications will be considered from a range of organisations:

  • Victorian training providers that hold a current Skills First VET Funding Contract. This includes TAFEs (including dual sector universities), learn locals and private Registered Training Organisations (RTOs)
  • industry
  • employers
  • unions
  • peak bodies
  • industry associations.

Universities will be considered as partner organisations only. Applications that feature collaboration across the sector are strongly encouraged.

Need Assistance?

Call 1300 658 508

Workforce Training Innovation Fund

 

Timing

Applications close 28 October 2022.

 

More Information

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At Bulletpoint, we excel in helping businesses navigate the complexities of the R&D tax incentive process, ensuring they reap the benefits they deserve. As experts in our field, we’re well-versed in what works and what doesn’t when it comes to aligning businesses’ perceptions of R&D with the government’s eligibility criteria.

So, if you’re looking for accessible expertise and a proven success rate, you’ll find it with us at Bulletpoint. We’re ready to guide you through the R&D tax incentive process with a blend of professionalism and personality, ensuring your experience with us is not just successful, but enjoyable as well.

 

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