Grants for Victorian businesses

Grow Your Business - Networks Program

Project Aim

The Networks Program encourages small to medium sized enterprises to cooperate in strategic areas of business and to exploit opportunities beyond the reach of the individual firms.

Nature of Assistance

Support is available to establish networks, including customer supplier networks, innovation networks and lead firm networks.

Support for network broking and network development assistance is to undertake an investigation and/or review of the:

• business idea of the proposed network
• capabilities of the individual firms in the network to implement the business idea
• preparation of a detailed business plan for the network, including market research and any brand development work which may need to be undertaken and establishment of the legal basis for the network

A subsidy of 75 percent up to a maximum of $15,000 is available.

Eligibility Criteria

The program does not prescribe any particular legal structure for the network or consortia but does require the network to show that it has had independent professional advice on the issue.

Companies should be financially viable with a manufacturing or services base in Victoria.

from businessvictoria.gov.au