Industry Growth Program

Industry Growth Program

Funds Australian manufacturing small businesses developing innovative production and commercialization capabilities.

The Industry Growth Program is a standing competitive grant program administered by Business Victoria, part of the Victorian Department of Jobs, Skills, Industry and Regions (DJSIR). It supports Victorian small and medium enterprises undertaking innovative commercialisation or manufacturing growth projects. Two funding tiers are available: grants of AUD 50,000 to AUD 250,000 for early-stage commercialisation projects, and grants of AUD 100,000 to AUD 5,000,000 for larger-scale commercialisation or manufacturing capability projects.

Eligibility is restricted to Victorian SMEs with projects focused on building manufacturing capability or commercialising innovations. The program is listed as ongoing on the Business Victoria grants portal, meaning applications can be submitted on a rolling basis without fixed annual deadlines. Organisations interested in applying access the program through the Business Victoria website, which carries current eligibility requirements and application guidance.

The program sits within DJSIR's broader suite of industry and innovation support programs, which includes complementary offerings such as the Victorian Land Systems Fund Supply Chain Uplift Program, the CSIRO Kick-Start matched-funding program, and various regional development initiatives. Applicants should verify current program status and any per-round conditions via Business Victoria, as open or ongoing programs can be paused or updated without notice.