Grants & Funding

Grants and Funding play a vital role in assisting biotechnology and research organisations access capital to fund the ongoing development of projects.

Government grants and awards are available to biotechnology and research organisations at local, state and federal level. There are also a number of international grants that are available to fund specific collaborative activities between Australian / Victorian organisations and international groups.

The grants and awards environment is one that rapidly changes, so we encourage you to watch this site for updates, submission dates and links to the various grant programs that are available.

If you know of any relevant grants or awards that are not included on our site, and you think they should be, please contact us.


Victorian Government's Future Industries Fund - Manufacturing Program

The program assists Victorian-based companies to implement new manufacturing technologies to drive job creation, productivity and competitiveness. Up to $500,000 is available on a 3:1 funding ratio (i.e. the grant covers up to 25% of eligible costs).


Victorian Government Local Industry Fund for Transition

Grants of up to $2 million are available to support companies who are creating jobs in Melbourne's North, West and South-East and the Geelong Region. Funds are matched 1:3 (ie 25% of eligible costs) and can be used for things like the purchase of equipment or machinery, construction or fit-out of a new building or extension to existing premise.

Victorian Government Future Industries Sector Growth Program

Up to $1 million available to undertake Victorian based projects aligned with the Future Industries Sector Strategies. Two streams of funding are available for grants up to $100,000 and grants up to $1million, which are matched 1:1. Applications are being taken from consortia with a minimum of three organisations, one of which must be an SME based in Victoria

LaunchVic is working to strengthen and build the current operating environment of Victoria’s startup ecosystem

We will work in partnership with entrepreneurs, businesses, educational institutions and the community on ways to accelerate startups, drive new ideas and create more jobs in Victoria’s startup sector. Our role will be to enhance competition, collaboration, and quality in the ecosystem, not duplicate what others do.

Our first round of funding for infrastructure improvement is now open for applications.

Guidelines for the funding round can be found here.

Applications close 6 May 2016.

Priming Grants 2016

The purpose of the Priming Grants is to enhance collaboration between Australian small to medium sized enterprises (SMEs) and researchers with SMEs and researchers in 17 priority economies.

Priming Grants are intended to stimulate the intensification of joint Australian-Partner research and innovation by reducing the financial risk on both sides to enter into a collaboration proposal.

The grants will support Australian SMEs and researchers to:

  • enable initial exploratory partner meetings to take place
  • undertake consortium meetings (travel-related costs), assistance with minor project expenses; and /or costs associated with establishing formal relationships (legal agreements) or funding applications for joint activities.
  • support potential SME-researcher partnerships in exploring the viability of an intended research and development (R&D) collaboration or technology solution
  • explore avenues for follow-on project seed‑funding

Priming Grants are not designed to fund ongoing research costs, or to support existing collaborative activities.

A summary schematic of how Priming Grants operate is found here.

Download the fact sheet here


Federal Government Entrepreneurs Programme

The Entrepreneurs' Programme is the Australian Government’s flagship initiative for business competitiveness and productivity and offers support to businesses through three elements:

  • Accelerating Commercialisation, helping entrepreneurs, researchers and businesses address key challenges in the commercialisation pathway of bringing novel products, processes and service to the market;
  • Business Management, provides advice and facilitation services to improve business capabilities and networks;
  • Innovation Connections, helping small and medium businesses to access knowledge, engage with researchers and foster innovation.



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