Boost Your Business Food Innovation Voucher Stream VIC


Boost Your Business Food Innovation Voucher Stream provides businesses in the food value chain with vouchers to help them access the skills needed to innovate, diversify, improve productivity and take new products to market.
Open
Close date: 22 Dec 2019 12:00 AM AEST.
What do you get?

Vouchers to the value of $50,000.

Who is this for?

Small to medium Victorian businesses in the food value chain.

Overview

Food Innovation Voucher Stream provides vouchers to help small to medium Victorian companies engaged in the food value chain to innovate, diversify, improve productivity and take new products to market.

There are two levels of funding:

  • Early stage feasibility and testing for a problem that needs an innovative solution - voucher up to $10,000. Applicant is required to contribute at least one hour of time in-kind for every $1,000 of voucher funds
  • Process innovation, product development or research and development for applied research projects with an innovation service provider - voucher up to $50,000. Applicant is required to co-contribute at least 1:1 in cash

Vouchers must be used in exchange for services, advice or expertise provided by Registered Service Providers.

What are the eligibility criteria?

To be eligible, you must:

  • employ 20 to 200 staff or have an annual turnover of greater than $1.5 million
  • meet all industrial relations obligations as an employer in accordance with the National Employment Standards
  • agree to participate in future program evaluation
  • co-contribute cash expenditure (or in-kind for early stage feasibility)
  • operate in Victoria

Find out more about the eligibility criteria at Food Innovation Voucher Stream.

How do you apply?

Find out more about how to apply at Food Innovation Voucher Stream.