Victoria's capacity to produce leading technological advancements and product innovation across key industry sectors is set to expand, thanks to a new Victorian Government research and development (R&D) fund. The $15 million Made in Victoria - Industry R&D Infrastructure Fund will provide matched grant funding of between $250,000 and $2 million to eligible businesses to invest in new or expand existing R&D infrastructure. The grants will enable businesses to invest in R&D infrastructure to make cutting-edge discoveries in a range of disciplines, accelerating innovation in new energy, health technology, food manufacturing, defence and aerospace, and advanced technology – key sectors identified in the government's Made in Victoria: 2030 Manufacturing Statement.

https://www.miragenews.com/new-grants-offered-to-boost-innovation-1043417/

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