Applications open for next round of ‘Boost Your Business’ in Victoria
More Victorian businesses will be able to access vital support to create jobs and enhance growth with applications for the second round of the Andrews Labor Government’s successful Boost Your Business vouchers now open.
The first round attracted significant interest and provided funding of more than $3 million to support over 100 businesses across Victoria.
Under Boost Your Business, vouchers are awarded to eligible businesses in streams covering Advanced Manufacturing, Asia Gateway, Food Innovation and Social Enterprise Capability.
For the second round, two additional streams – Defence, Aerospace and Security and Victoria-Israel Innovation – have been included as part of the program.
The vouchers provide funding for businesses to partner with industry experts, including the CSIRO and leading university research centres – to help them develop new products, improve business processes and systems, identify new export markets, undertake research and development and gain certification.
Businesses can receive vouchers up to a maximum value of $25,000 or $50,000 depending on the stream with applications closing on 13 July.
One of the successful companies to receive a voucher in round one was the Milawa Cheese Company – who will be able to improve their business systems and operations to increase the scale of cheese production.
State Minister for Industry and Employment Ben Carroll underlined that “We’re helping Victorian businesses create jobs by unlocking their potential and supporting their product and market access ambitions.”
“The first round supported over 100 businesses across the state – this second round will mean even more companies have access to the support they need to grow and innovate.”
Minister for Trade and Investment Philip Dalidakis agreed that “The Asia Gateway stream of Boost Your Business supports big and small businesses to trade and engage with the largest markets on the planet.”
“The expert program partners will help business strengthen export networks and develop the skills required to build relationships with buyers and key decision makers across Asia.”
