Funding for Victorian manufacturers and medical technology businesses to scale-up
Medtech Manufacturing Capability Program VICLast Updated: 07 April 2022
Medtech Manufacturing Capability Program VIC
This program provides funding to Victorian manufacturers and medical technology businesses to help them build capability and capacity by supporting new manufacturing projects and scale-up activities.
What you get?
Funding of between $100,000 and $500,000.
Who is this for?
Victorian manufacturers and medical technology businesses.
Overview
Funding uses must relate to the manufacture of medtech in Victoria. Examples include:
- accessing facilities, capabilities, or services to test, verify and validate, develop or scale-up a manufactured product for new market opportunities
- accessing clinical know-how and sites to validate or iterate medtech products or gain market feedback as part of achieving local market procurement
- developing standard operating procedures or achieving accreditation for relevant ISO medtech manufacturing standards
What are the eligibility criteria?
To be eligible, the businesses must:
- be developing an eligible medtech product at the time of application
- have existing operations in Victoria
- be incorporated in Australia,
- have an Australian business number (ABN)
- be an employing business registered for WorkCover Insurance with WorkSafe Victoria
- have an annual turnover of $50 million or less
- match any grant funding on a 1:1 cash co-contribution basis
- provide financial reports for the last 3 financial years.
How do you apply?
Find out more about eligibility and how to apply at Medtech Manufacturing Capability Program.