Wednesday, June 19, 2024

New grants for Victorian manufacturers to support net zero future

The Victorian government is supporting more local manufacturers with the transition towards net zero emissions.

Announced yesterday (25 October), the Made in Victoria – Energy Technologies Manufacturing program will support manufacturers to purchase or develop new equipment, skills, or technology, enabling them to capitalise on renewable energy opportunities.

“Through this grant program, we’re supporting our transition to net zero and the transformation of our manufacturing sector to develop more skills and capabilities, attract investment and create the jobs of tomorrow,” says Victorian Minister for Jobs and Industry Natalie Hutchins.

“Victoria is the nation’s manufacturing capital and we’re backing local businesses to be global leaders in the production of renewable energy components.”

Grants of between $100,000 and $750,000 are now available to businesses to increase capacity to manufacture components for zero emissions and renewable energy supply chains like wind, hydrogen and solar.

The new initiative, says the Victorian government, builds on the success of the Low Carbon Manufacturing Grants program, which has provided $1.8 million in funding to 19 businesses across the state in the past year.

Learn more about the Made in Victoria – Energy Technologies Manufacturing program here.

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