Industry R&D Infrastructure Fund

Opening date: 6 July 2023

Closing Date: 18 Aug 2023

Funding: up to 50% of Eligible project expenditure (min $250,000, max $2 mil)

Timeframe: max 12 month project

The Victorian government has launched the Industry R&D Infrastructure Fund to support research and development (R&D) activities. This initiative offers financial grants to businesses and organisations in Victoria, helping them establish or expand R&D infrastructure. By enhancing capabilities and encouraging collaboration, the program aims to drive innovation and economic growth in the state.


  • Over 20 employees
  • Turnover of between $1.5mil – 100 mil
  • Victorian business


  • Acquiring advanced equipment
  • Constructing specialised facilities
  • Creating innovation hubs

This enables companies to accelerate R&D, develop new products, improve competitiveness and foster collaboration and knowledge-sharing.

Victoria’s priority industries:

  • new energy technologies, including wind, hydrogen, solar and batteries
  • health technologies, including medtech, biotech, pharma and consumer healthcare
  • food manufacturing and agriculture
  • defence, aerospace and space
  • digital and advanced technologies, including advanced materials, robotics, AI (Artificial Intelligence), 3D-printing, and quantum technologies

Reach out to us here if you would like help with an application.

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