Funding to support VIC manufacturers that are moderately impacted by the end of native timber harvesting

Overview

Funding is available to access services or advice from a preferred Qualified Service Provider to assist with business continuity and future planning.

The service provided by the Qualified Service Provider must include one or more of the below:

• advice and analysis regarding the management of cash flow, preparation of cash flow budgets and projections
• profitability analysis and formulation of financial management and/or operational business strategies
• tax advice and planning
• strategic analysis to revise business planning
• advice regarding the management of debts and liabilities
• legal advice relating to the business.

Check if you can apply

To be eligible, businesses must:

• derive between 5% and 40% of the business's material inputs for manufacturing processes from native hardwood from Victorian state forests (this figure must be for the financial year either 2021-22 or 2022-23)
• be an employing business located in Victoria that is registered with WorkSafe Victoria
• be legally structured with an active Australian business number (ABN), and have held that ABN on and from 1 July 2021.

Additionally, businesses must be in the manufacturing industry classified under one of the following Australia and New Zealand Standard Industrial Classifications (ANZSIC) codes as of 23 May 2023:

• 1413 Timber Resawing and Dressing
• 1492 Wooden Structural Fitting and Component Manufacturing
• 1499 Other Wood Product Manufacturing n.e.c.
• 2511 Wooden Furniture and Upholstered Seat Manufacturing.