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  • Victorian Government to Invest $50 million in MRNA

    Victoria will provide $50 million to establish mRNA vaccine and therapeutic manufacturing in Melbourne, through partnerships with our world-class Victorian universities, leading researchers, and Australian and international manufacturing companies.

  • The Alice Anderson Fund

    LaunchVic is helping grow the Victorian startup sector with the Alice Anderson Fund (TAAF), a $10 million ‘Sidecar’ fund that co-invests in women-led early-stage startups. The fund is named in memory of Alice Anderson, a pioneering mechanic and entrepreneur who founded Australia’s first all-women motor garage in Kew in 1919.

  • Fight Like Maddie

    We’re supporting Maddie Riewoldt's Vision in its mission to better understand bone marrow failure syndromes and one day find a cure through clinical research and the establishment of the Australian Marrow Failure Biobank.

  • Research Boost To Better Understand And Treat Coronavirus

    The Victorian Government is backing cutting-edge medical research projects to better understand, prevent and treat coronavirus.

  • Victorian Government to Invest $50 million in MRNA

    Victoria will provide $50 million to establish mRNA vaccine and therapeutic manufacturing in Melbourne, through partnerships with our world-class Victorian universities, leading researchers, and Australian and international manufacturing companies.

Media Centre

Jobs Boost For Disability Sector A Win-Win For Victorians

The Victorian Government will create 600 new disability support jobs as part of a program to help people learn new skills and support Victorians with a disability. Through the $619 million Jobs Victoria initiative, the Government will invest $5 million to fund training and facilitate work placements for hundreds of new support workers. The innovative 'earn and learn' model will allow participants to complete 12-month traineeships while working in their new job. Jobs Victoria will fund training towards a Certificate III or IV, personalised mentoring, industry engagement, project management and evaluation. The scheme focuses on supporting job seekers hardest hit by the pandemic, including women aged over 45, young people, and long-term unemployed Victorians. The first employer to join the ‘earn and learn’ scheme, Possability, has already recruited eight new workers – including Carl Hung, who is training as a disability support professional after spending 30 years as a tourism operator and guide before losing his business when the pandemic hit. Carl hails from Taiwan and is now providing care for Zhang Zhang, a former film producer who suffered an acquired brain injury in 2020. The program is a partnership between the Government, RMIT, National Disability Services and disability service organisations. The program is being funded as part of the $250 million Jobs Victoria Fund - which is one arm of the Job Victoria initiative – is creating 10,000 steady and secure jobs for those most impacted by the pandemic. For more information go to jobs.vic.gov.au. Quotes attributable to Minister for Employment Jaala Pulford “This scheme will create hundreds of jobs for Victorians and provide much needed carers and support workers for people living with a disability.” “We know how hard it is for people to change careers, so we’re giving them the best possible chance to succeed by providing training, jobs and mentoring while they get paid in their new role.” Quote attributable to Minister for Disability, Ageing and Carers Luke Donnellan “This program will make a real difference in the disability sector, providing much-needed staff who will help people with a disability live the lives they choose.” Quotes attributable to the Chief Executive Officer of Possability Drew Beswick “This is a great opportunity for people who’ve been impacted by the pandemic and are looking to change careers into a vibrant and growing sector.”

Jobs Boost For Disability Sector A Win-Win For Victorians

The Victorian Government will create 600 new disability support jobs as part of a program to help people learn new skills and support Victorians with a disability. Through the $619 million Jobs Victoria initiative, the Government will invest $5 million to fund training and facilitate work placements for hundreds of new support workers. The innovative 'earn and learn' model will allow participants to complete 12-month traineeships while working in their new job. Jobs Victoria will fund training towards a Certificate III or IV, personalised mentoring, industry engagement, project management and evaluation. The scheme focuses on supporting job seekers hardest hit by the pandemic, including women aged over 45, young people, and long-term unemployed Victorians. The first employer to join the ‘earn and learn’ scheme, Possability, has already recruited eight new workers – including Carl Hung, who is training as a disability support professional after spending 30 years as a tourism operator and guide before losing his business when the pandemic hit. Carl hails from Taiwan and is now providing care for Zhang Zhang, a former film producer who suffered an acquired brain injury in 2020. The program is a partnership between the Government, RMIT, National Disability Services and disability service organisations. The program is being funded as part of the $250 million Jobs Victoria Fund - which is one arm of the Job Victoria initiative – is creating 10,000 steady and secure jobs for those most impacted by the pandemic. For more information go to jobs.vic.gov.au. Quotes attributable to Minister for Employment Jaala Pulford “This scheme will create hundreds of jobs for Victorians and provide much needed carers and support workers for people living with a disability.” “We know how hard it is for people to change careers, so we’re giving them the best possible chance to succeed by providing training, jobs and mentoring while they get paid in their new role.” Quote attributable to Minister for Disability, Ageing and Carers Luke Donnellan “This program will make a real difference in the disability sector, providing much-needed staff who will help people with a disability live the lives they choose.” Quotes attributable to the Chief Executive Officer of Possability Drew Beswick “This is a great opportunity for people who’ve been impacted by the pandemic and are looking to change careers into a vibrant and growing sector.”

Support Continues For Victoria’s Regional Businesses

Cash grants for regional businesses most affected by the current lockdown will proceed next week, unaffected by today’s announcement that restrictions in most areas outside of Melbourne will be lifted from Friday. Minister for Industry Support and Recovery Martin Pakula and Minister for Small Business Jaala Pulford said full payment for the two weeks from 2-16 September  – automatic deposits ranging from $5,600 to $40,000 – would go ahead, as had always been intended. Business Costs Assistance Program Round Four grants will be made to about 18,000 regional business at tiered levels, depending on worker numbers. Businesses with an annual payroll of up to $650,000 will receive $5,600 – equal to two weekly payments of $2,800. Businesses with a payroll of $650,000-$3 million will get $11,200 (two weekly payments of $5,600) and businesses with a wages bill of $3 million-$10 million will receive $16,800 (two weekly payments of $8,400). The grants can be used to pay for costs such as wages, rent, utilities and insurance by businesses including gyms, cafes, hairdressers, nail salons, dance and swim schools, and accommodation, tourism and events businesses. Some 2,300 eligible cafes, restaurants, hotels and bars in regional areas will receive automatic payments through the Licensed Hospitality Venue Fund. Venues with a capacity of less than 100 people will receive $10,000 for the fortnight, those with a capacity of 100-499 will receive $20,000 while the largest venues will receive $40,000. The Victorian Government will assess which sectors remain under severely impacted settings before making further announcements on arrangements for the two-week period from 17 September. The $700 million Small Business COVID Hardship Fund provides$20,000 to eligible businesses who do not qualify for other Government programs and is open to all Victorian businesses, regardless of location. More than 16,000 Hardship Fund grants have so far been paid to businesses that have experienced a reduction in revenue of at least 70 per cent due to the effects of the pandemic. The Commercial Tenancy Relief Scheme requires landlords to provide proportionate rent relief for businesses with a turnover of less than $50 million that have experienced a fall in turnover of 30 per cent or greater, regardless of location. More information on the Scheme is available at vsbc.vic.gov.au or by calling 13 87 22. The Government has provided more than $10 billion in direct economic support to business since the start of the pandemic, including $3.3 billion in cash grants to 145,000 businesses since the May/June lockdown. For full information on available business support grants, go to business.vic.gov.au or call 13 22 15. Quote attributable to Minister for Industry Support and Recovery Martin Pakula “It’s great news that lockdown will end in most of regional Victoria, and we’re making sure that this much-needed support will get to businesses as quickly as possible.” Quote attributable to Minister for Small Business Jaala Pulford “Regional businesses have shown amazing resilience but they’re doing it tough – these grants will put them in a position to recover as we move towards those crucial 70 per cent and 80 per cent vaccination rates.”

Support Continues For Victoria’s Regional Businesses

Cash grants for regional businesses most affected by the current lockdown will proceed next week, unaffected by today’s announcement that restrictions in most areas outside of Melbourne will be lifted from Friday. Minister for Industry Support and Recovery Martin Pakula and Minister for Small Business Jaala Pulford said full payment for the two weeks from 2-16 September  – automatic deposits ranging from $5,600 to $40,000 – would go ahead, as had always been intended. Business Costs Assistance Program Round Four grants will be made to about 18,000 regional business at tiered levels, depending on worker numbers. Businesses with an annual payroll of up to $650,000 will receive $5,600 – equal to two weekly payments of $2,800. Businesses with a payroll of $650,000-$3 million will get $11,200 (two weekly payments of $5,600) and businesses with a wages bill of $3 million-$10 million will receive $16,800 (two weekly payments of $8,400). The grants can be used to pay for costs such as wages, rent, utilities and insurance by businesses including gyms, cafes, hairdressers, nail salons, dance and swim schools, and accommodation, tourism and events businesses. Some 2,300 eligible cafes, restaurants, hotels and bars in regional areas will receive automatic payments through the Licensed Hospitality Venue Fund. Venues with a capacity of less than 100 people will receive $10,000 for the fortnight, those with a capacity of 100-499 will receive $20,000 while the largest venues will receive $40,000. The Victorian Government will assess which sectors remain under severely impacted settings before making further announcements on arrangements for the two-week period from 17 September. The $700 million Small Business COVID Hardship Fund provides$20,000 to eligible businesses who do not qualify for other Government programs and is open to all Victorian businesses, regardless of location. More than 16,000 Hardship Fund grants have so far been paid to businesses that have experienced a reduction in revenue of at least 70 per cent due to the effects of the pandemic. The Commercial Tenancy Relief Scheme requires landlords to provide proportionate rent relief for businesses with a turnover of less than $50 million that have experienced a fall in turnover of 30 per cent or greater, regardless of location. More information on the Scheme is available at vsbc.vic.gov.au or by calling 13 87 22. The Government has provided more than $10 billion in direct economic support to business since the start of the pandemic, including $3.3 billion in cash grants to 145,000 businesses since the May/June lockdown. For full information on available business support grants, go to business.vic.gov.au or call 13 22 15. Quote attributable to Minister for Industry Support and Recovery Martin Pakula “It’s great news that lockdown will end in most of regional Victoria, and we’re making sure that this much-needed support will get to businesses as quickly as possible.” Quote attributable to Minister for Small Business Jaala Pulford “Regional businesses have shown amazing resilience but they’re doing it tough – these grants will put them in a position to recover as we move towards those crucial 70 per cent and 80 per cent vaccination rates.”

Victoria Home To New World-Class Sports Tech Hub

The Victorian Government is backing the state’s growing sports technology sector with a $4 million investment to establish the Australian Sports Innovation Centre for Excellence in Cremorne. The centre will support the creation of up to 2,000 tech jobs in four years by fast-tracking commercialisation of new products, and attracting national and international partnership opportunities for Victoria’s growing sports technology sector. The centre will be led by the Australian Sports Technologies Network (ASTN), the nation’s lead industry body for sports tech and innovation, and will be connected to the state’s flagship Digital Hub in Cremorne. ASTN’s network of more than 500 Australian-based sports innovation companies will be connected to the centre and they will continue to help companies develop and expand globally. Victoria is already home to more than 65 per cent of Australia’s sports tech companies with operations like Prahran-headquartered Catapult Sports, a wearable technologies company with contracts across major leagues including the AFL, NRL, EPL, NHL and the Bundesliga, leading the way. The centre will further bolster Victoria’s position as Australia’s leader in sports tech by helping Australian startups and entrepreneurs, building on the legacy of local companies like Champion Data, Genius Tech Group and Rosterfy. The businesses and tech leaders based at the centre will benefit from trade and strategic leadership opportunities, as well as connections to new industry partnerships and research collaborations. More than 7,500 people are currently employed in Victoria’s sports technology sector in companies developing products in areas like media, artificial intelligence, entertainment, stadiums, major events, wearables and e-sports. For more information on the centre, visit astn.com.au. Quotes attributable to Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford “With a rapidly growing tech sector and an established reputation as Australia’s sporting capital, Victoria is perfectly positioned to become a leader in the global sportstech industry.” “We can see the potential in our sports innovation sector to commercialise and scale-up new products to international markets and create exciting opportunities for Victoria.” Quote attributable to Member for Richmond Richard Wynne “Having the brightest minds in sports technology come to Cremorne to share ideas and grow their businesses will be a huge boost for the area.” Quote attributable to Australian Sports Technology Net Board Chair James Demetriou “For the first-time Australia will have a dedicated centre of excellence where the sector can connect, celebrate, learn skills, initiate further exports and benchmark best practice in sports technology, innovation and digital.”

Victoria Home To New World-Class Sports Tech Hub

The Victorian Government is backing the state’s growing sports technology sector with a $4 million investment to establish the Australian Sports Innovation Centre for Excellence in Cremorne. The centre will support the creation of up to 2,000 tech jobs in four years by fast-tracking commercialisation of new products, and attracting national and international partnership opportunities for Victoria’s growing sports technology sector. The centre will be led by the Australian Sports Technologies Network (ASTN), the nation’s lead industry body for sports tech and innovation, and will be connected to the state’s flagship Digital Hub in Cremorne. ASTN’s network of more than 500 Australian-based sports innovation companies will be connected to the centre and they will continue to help companies develop and expand globally. Victoria is already home to more than 65 per cent of Australia’s sports tech companies with operations like Prahran-headquartered Catapult Sports, a wearable technologies company with contracts across major leagues including the AFL, NRL, EPL, NHL and the Bundesliga, leading the way. The centre will further bolster Victoria’s position as Australia’s leader in sports tech by helping Australian startups and entrepreneurs, building on the legacy of local companies like Champion Data, Genius Tech Group and Rosterfy. The businesses and tech leaders based at the centre will benefit from trade and strategic leadership opportunities, as well as connections to new industry partnerships and research collaborations. More than 7,500 people are currently employed in Victoria’s sports technology sector in companies developing products in areas like media, artificial intelligence, entertainment, stadiums, major events, wearables and e-sports. For more information on the centre, visit astn.com.au. Quotes attributable to Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford “With a rapidly growing tech sector and an established reputation as Australia’s sporting capital, Victoria is perfectly positioned to become a leader in the global sportstech industry.” “We can see the potential in our sports innovation sector to commercialise and scale-up new products to international markets and create exciting opportunities for Victoria.” Quote attributable to Member for Richmond Richard Wynne “Having the brightest minds in sports technology come to Cremorne to share ideas and grow their businesses will be a huge boost for the area.” Quote attributable to Australian Sports Technology Net Board Chair James Demetriou “For the first-time Australia will have a dedicated centre of excellence where the sector can connect, celebrate, learn skills, initiate further exports and benchmark best practice in sports technology, innovation and digital.”

Record Minerals Demand Boosts Local Economies, Jobs

The Victorian Government is supporting the minerals sector to deliver growth across the state, with record expenditure providing jobs and investment in regional communities. New data released by the Australian Bureau of Statistics (ABS) revealed minerals exploration spending across Victoria is at record levels, hitting $52.1 million for the June 2021 quarter. It’s the highest expenditure for a three-month period ever recorded in the state and a 40 per cent increase on the same quarter in 2020. ABS data shows statewide annual minerals exploration expenditure increased to $183.8 million for 2020-21, up by more than 35 per cent. Since 2016, the average quarterly growth rate has been more than double the national average. The record-breaking increases in minerals exploration mirrors growth in the state’s mining sector – in 2019-20 gold production was at its highest level in more than a century. Demand for minerals and metals is increasing due to their use in everyday technology products and in the state’s infrastructure projects. Earth Resources Regulation last week issued a minerals exploration licence to Stavely Minerals, allowing the company to search for minerals in an area 25 kilometres west of Ararat. The newly awarded licence is the fifth issued following the 2018 Stavely Ground Release. Stavely Minerals expects to spend up to $3 million over five years on exploration and will receive a $480,000 TARGET Minerals Exploration grant to help fund early-stage activities, bringing investment and jobs to the community. The Department of Jobs, Precincts and Regions will hold online information sessions in early October to help locals learn more about Stavely Minerals’ planned activities, landholder rights, safeguards and explorer obligations. Minerals exploration licences have also been issued to North Central Gold Exploration, to conduct activities in an area west of Donald and to Currawong Resources, to explore an area 25 kilometres to the east of Castlemaine. Early-stage exploration activities such as mapping, sampling and rock testing are the first steps in establishing if minerals are present. If development is considered viable, it typically takes many years to progress toward mining, including meeting regulatory controls. To access privately owned land in Victoria, minerals explorers require landholder consent. Land access consent tools are available to aid negotiations between landholders and exploration companies at earthresources.vic.gov.au/landaccess. Quotes attributable to Minister for Resources Jaala Pulford “Exploration is bringing vital revenue and jobs to regional communitiesbecause the companies searching for minerals are using the services of local businesses – whether it’s specialist contractors or motels and cafes in town.” “With our increasing use of technology and every wind turbine requiring two-and-a-half tonnes of copper, there is a boom in minerals exploration and that’s good news for Victoria.”

Record Minerals Demand Boosts Local Economies, Jobs

The Victorian Government is supporting the minerals sector to deliver growth across the state, with record expenditure providing jobs and investment in regional communities. New data released by the Australian Bureau of Statistics (ABS) revealed minerals exploration spending across Victoria is at record levels, hitting $52.1 million for the June 2021 quarter. It’s the highest expenditure for a three-month period ever recorded in the state and a 40 per cent increase on the same quarter in 2020. ABS data shows statewide annual minerals exploration expenditure increased to $183.8 million for 2020-21, up by more than 35 per cent. Since 2016, the average quarterly growth rate has been more than double the national average. The record-breaking increases in minerals exploration mirrors growth in the state’s mining sector – in 2019-20 gold production was at its highest level in more than a century. Demand for minerals and metals is increasing due to their use in everyday technology products and in the state’s infrastructure projects. Earth Resources Regulation last week issued a minerals exploration licence to Stavely Minerals, allowing the company to search for minerals in an area 25 kilometres west of Ararat. The newly awarded licence is the fifth issued following the 2018 Stavely Ground Release. Stavely Minerals expects to spend up to $3 million over five years on exploration and will receive a $480,000 TARGET Minerals Exploration grant to help fund early-stage activities, bringing investment and jobs to the community. The Department of Jobs, Precincts and Regions will hold online information sessions in early October to help locals learn more about Stavely Minerals’ planned activities, landholder rights, safeguards and explorer obligations. Minerals exploration licences have also been issued to North Central Gold Exploration, to conduct activities in an area west of Donald and to Currawong Resources, to explore an area 25 kilometres to the east of Castlemaine. Early-stage exploration activities such as mapping, sampling and rock testing are the first steps in establishing if minerals are present. If development is considered viable, it typically takes many years to progress toward mining, including meeting regulatory controls. To access privately owned land in Victoria, minerals explorers require landholder consent. Land access consent tools are available to aid negotiations between landholders and exploration companies at earthresources.vic.gov.au/landaccess. Quotes attributable to Minister for Resources Jaala Pulford “Exploration is bringing vital revenue and jobs to regional communitiesbecause the companies searching for minerals are using the services of local businesses – whether it’s specialist contractors or motels and cafes in town.” “With our increasing use of technology and every wind turbine requiring two-and-a-half tonnes of copper, there is a boom in minerals exploration and that’s good news for Victoria.”

 

Delivering Cutting Edge Care To Critically Ill Newborns

The Victorian Government is investing in a world-first medical device that will help more critically ill newborns get access to potentially lifesaving care. Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford today announced Melbourne startup Navi Medical Technologies would receive $50,000 as part of the $6 million Technology Adoption and Innovation Program, which helps small to medium-size enterprises develop new innovative technologies. Each year, nearly 10,000 newborns receive lifesaving treatment through central venous catheters – thin flexible tubes inserted into the veins of patients to deliver fluids and medications. Without a way to pinpoint the exact location, around 40 per cent of catheters are inserted incorrectly or move after insertion, exposing patients to additional risks. Navi has created a device that records and analyses electrical signals from the heart, providing feedback on the position of the catheter in real time. The new funding will help develop an advanced prototype of the device, enabling the Navi Neonav to reach a critical stage of product development. The medical device is already helping deliver life-saving treatment to babies at the Royal Women’s Hospital Newborn Intensive Care Unit, including babies like Nash Constable. Nash was born in December 2020 at 28 weeks, weighing just 728 grams. After his family consented to be involved in the research, Nash had a catheter inserted using the new technology as part of an operation. Nash is now a healthy eight-month-old and his family are strong advocates for continued investment in newborn research. Quotes attributable to Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford “We’re backing innovative Victorian businesses, because we know that new technologies have the potential to solve some of our biggest challenges and help people like the Constable family.” “By supporting medical innovation from idea to commercialisation, we’re helping develop world-first technology and delivering the best care for Victorians.” Quote attributable to Navi co-founder and chief executive Alex Newton “Less than 5 per cent of medical innovations that make it to market have a neonatal indication for use – there’s a huge market for products like the Neonav to assist in delivering the care criticallyill newborns need.” Quote attributable to Royal Women’s Hospital chief executive Dr Sue Matthews “Research underpins the care that we provide to babies in our Newborn Intensive Care Unit. We are thrilled to be part of this research and look forward to seeing the Navi team drive better health outcomes for premature babies.”

Delivering Cutting Edge Care To Critically Ill Newborns

The Victorian Government is investing in a world-first medical device that will help more critically ill newborns get access to potentially lifesaving care. Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford today announced Melbourne startup Navi Medical Technologies would receive $50,000 as part of the $6 million Technology Adoption and Innovation Program, which helps small to medium-size enterprises develop new innovative technologies. Each year, nearly 10,000 newborns receive lifesaving treatment through central venous catheters – thin flexible tubes inserted into the veins of patients to deliver fluids and medications. Without a way to pinpoint the exact location, around 40 per cent of catheters are inserted incorrectly or move after insertion, exposing patients to additional risks. Navi has created a device that records and analyses electrical signals from the heart, providing feedback on the position of the catheter in real time. The new funding will help develop an advanced prototype of the device, enabling the Navi Neonav to reach a critical stage of product development. The medical device is already helping deliver life-saving treatment to babies at the Royal Women’s Hospital Newborn Intensive Care Unit, including babies like Nash Constable. Nash was born in December 2020 at 28 weeks, weighing just 728 grams. After his family consented to be involved in the research, Nash had a catheter inserted using the new technology as part of an operation. Nash is now a healthy eight-month-old and his family are strong advocates for continued investment in newborn research. Quotes attributable to Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford “We’re backing innovative Victorian businesses, because we know that new technologies have the potential to solve some of our biggest challenges and help people like the Constable family.” “By supporting medical innovation from idea to commercialisation, we’re helping develop world-first technology and delivering the best care for Victorians.” Quote attributable to Navi co-founder and chief executive Alex Newton “Less than 5 per cent of medical innovations that make it to market have a neonatal indication for use – there’s a huge market for products like the Neonav to assist in delivering the care criticallyill newborns need.” Quote attributable to Royal Women’s Hospital chief executive Dr Sue Matthews “Research underpins the care that we provide to babies in our Newborn Intensive Care Unit. We are thrilled to be part of this research and look forward to seeing the Navi team drive better health outcomes for premature babies.”

Extended Support For Victorian Businesses

A jointly-funded support package from the Commonwealth and Victorian Governments will provide a critical four-week boost to small and medium-sized Victorian businesses most impacted by the current public health lockdown. The unprecedented joint package of up to $2.34 billion will deliver certainty to around 175,000 Victorian businesses as the state bands together to restrict the spread of infection while the drive to vaccinate 70 per cent, then 80 per cent, of the population accelerates. The statewide lockdown has been confirmed until 70 per cent of Victorians have had at least one dose of vaccine – estimated to be around 23 September. The four-week business support payments confirmed today cover a four-week period ending on 30 September. The vast majority of payments will be deposited automatically into businesses’ bank accounts, while a new tiered payments system for the Business Costs Assistance Program will allow for higher payments to businesses with more workers. Business Costs Assistance Program payments will be automatically made at rates of $2,800, $5,600 and $8,400 a week over September, depending on payroll size. Eligible cafes, restaurants and bars will continue to receive Licensed Hospitality Venue Fund payments of between $5,000 and $20,000 per week. A major boost to the Small Business COVID Hardship Fund will increase the grant amount to $20,000 for around 35,000 businesses, and the deadline for applications will be extended. An Alpine Support Package will help sustain resorts through the remainder of the season and September school holidays with an automatic top-up payment of between $10,000 and $40,000, depending on business location and whether they employ staff. Together, the Commonwealth and Victorian Governments have allocated $4.3 billion to ensure Victorian businesses can remain viable throughout lockdown, with automatic top-up payments and grants to help cover wages and overheads. The Treasurer Josh Frydenberg said today's announcement builds on the Morrison Government's $45 billion in direct economic support delivered to Victorian households and business, since the start of the pandemic. “The Morrison Government understands the significant impact extended lockdowns have on individuals and businesses right across Victoria.” "We will continue to support Victorians, with our ongoing economic assistance to meet the challenges of the Delta strain." "Already, the Commonwealth has provided $1.3 billion in COVID-19 disaster payments to Victorians, supporting the incomes of around 500,000 individuals and in partnership with the State Government, committed more than $4 billion to small and medium sized businesses over course of this lockdown." "But there is light at the end of the tunnel. By sticking to the National Plan, agreed to by State and Territory leaders, we can safely ease restrictions and open up our economy." "And as we progress towards our vaccinations targets of 70 to 80 per cent, the Morrison Government will continue to work closely with the State Government to support Victorian businesses through this difficult and challenging time.” Over the course of the pandemic, the Victorian Government has provided more than $10 billion in direct financial support for businesses, including $3.1 billion in cash grants to more than 130,000 businesses since the May/June restrictions period. Victorian Treasurer Tim Pallas said the Victorian Government understood the importance of maintaining a genuine partnership with the state’s small and medium-sized businesses. “Businesses of all colours and shades have shown great resilience and we’ll continue to back them as we move towards the levels of vaccination that we need in order to open up again in a sustained way,” Mr Pallas said. “We are responding to changing circumstances with a package that is bigger than anything we’ve announced before, and it’s the right thing to do. It’s right for the dedicated business owners across the state and it’s right for their workers.” “This package will support our hardest-hit sectors and businesses and ensure they can keep paying the expenses that don’t go away just because the doors are shut.” Victorian Minister for Industry Support and Recovery Martin Pakula said the move to a tiered system of funding for the Business Costs Assistance Program recognised the cumulative impact of an extended period of lockdown. “It means businesses with more workers will have greater support to maintain those numbers in coming weeks as we look to a future with high levels of vaccination and greater freedoms,” Mr Pakula said. “These are hard yards being done right now, but the rewards will be significant. In the meantime, we’ll continue to stand by Victorian businesses and their workers.” Details about Victorian business support payments is available at business.vic.gov.au. Business Costs Assistance Program Round 4 Funding of up to $1.6 billion will support about 132,000 businesses across multiple sectors who were recipients of the Business Costs Assistance Program Round Two or July Extension. Businesses throughout Victoria will receive automatic payments of $2,800 a week (annual payroll below $650,000), $5,600 a week (payroll of 650,000 to $3 million) or $8,400 (payroll of $3 million to $10 million) to cover ongoing costs such as wages, rent, utilities and insurance. Businesses will remain eligible while they are unable to operate due to public health restrictions. Licensed Hospitality Venue Fund 2021 Licensed hospitality businesses that have previously received grants under the Licensed Hospitality Venue Fund 2021 or July Extension programs will receive automatic payments of $5,000, $10,000 and $20,000. Payment amounts are tiered according to premises capacity: $5,000 for a capacity of up to 99 patrons or where patron capacity is not specified, $10,000 for a capacity of 100 to 499 patrons, and $20,000 for a capacity of 500 or more. Up to $289 million funding will support more than 9,300 premises impacted by lockdown. Hospitality businesses will remain eligible while they are unable to operate due to public health restrictions. Small Business COVID Hardship Fund The Small Business COVID Hardship Fund will receive a $448 million boost, increasing the total grant amount available to small and medium-sized businesses from $14,000 to $20,000 in recognition of the impact of the lockdown extension. The Fund now stands at $700 million, providing support for up to 35,000 businesses. Some 16,000 businesses that have already received a Small Business COVID Hardship Fund grant will receive an automatic top-up payment of $6,000. This program supports businesses that have been ineligible for Victorian Government business support programs since May but have experienced a reduction in revenue of at least 70 per cent. This includes businesses that are legally allowed to operate but are restricted in their ability to generate revenue. Applications for the Small Business COVID Hardship Fund will close on 10 September. Alpine Support Package – September Top-Up Alpine businesses will share in $11.2 million in support through another automatic top-up payment of between $10,000 and $40,000. These payments will assist alpine businesses through the remainder of the ski season, with a top-up payment available for approximately 430 businesses based on and off the mountain. For off-mountain businesses, the payment will be $10,000, for on-mountain business with no employees, $20,000, and for on-mountain businesses with employees, $40,000. COVID-19 Disaster Payments Eligible workers across the state who lose hours of work due to the lockdown will be able to access the Commonwealth’s COVID-19 Disaster Payment, as will individuals who are sole-trader business owners who lose work and that do not qualify for Victorian Government support programs. The COVID-19 Disaster Payment is administered through Services Australia, with the Federal Government funding the areas declared a Commonwealth hotspot and the Victorian Government assuming responsibility to fund payments in locked-down areas that are not deemed to be official hotspots. The payment is set at $450 for people who have lost from eight to 20 hours work or a full day of work (over seven days), and $750 for 20 hours or more of work lost. People who receive certain Commonwealth income support are eligible to receive a $200 payment where they have lost eight hours or more of work due to the lockdowns. Victorian micro-businesses and sole trader business owners who wish to apply for the Commonwealth COVID-19 Disaster Payment can access the Business Victoria Concierge Service on 13 22 15 and schedule an appointment that will provide them with assistance to make an application.

Extended Support For Victorian Businesses

A jointly-funded support package from the Commonwealth and Victorian Governments will provide a critical four-week boost to small and medium-sized Victorian businesses most impacted by the current public health lockdown. The unprecedented joint package of up to $2.34 billion will deliver certainty to around 175,000 Victorian businesses as the state bands together to restrict the spread of infection while the drive to vaccinate 70 per cent, then 80 per cent, of the population accelerates. The statewide lockdown has been confirmed until 70 per cent of Victorians have had at least one dose of vaccine – estimated to be around 23 September. The four-week business support payments confirmed today cover a four-week period ending on 30 September. The vast majority of payments will be deposited automatically into businesses’ bank accounts, while a new tiered payments system for the Business Costs Assistance Program will allow for higher payments to businesses with more workers. Business Costs Assistance Program payments will be automatically made at rates of $2,800, $5,600 and $8,400 a week over September, depending on payroll size. Eligible cafes, restaurants and bars will continue to receive Licensed Hospitality Venue Fund payments of between $5,000 and $20,000 per week. A major boost to the Small Business COVID Hardship Fund will increase the grant amount to $20,000 for around 35,000 businesses, and the deadline for applications will be extended. An Alpine Support Package will help sustain resorts through the remainder of the season and September school holidays with an automatic top-up payment of between $10,000 and $40,000, depending on business location and whether they employ staff. Together, the Commonwealth and Victorian Governments have allocated $4.3 billion to ensure Victorian businesses can remain viable throughout lockdown, with automatic top-up payments and grants to help cover wages and overheads. The Treasurer Josh Frydenberg said today's announcement builds on the Morrison Government's $45 billion in direct economic support delivered to Victorian households and business, since the start of the pandemic. “The Morrison Government understands the significant impact extended lockdowns have on individuals and businesses right across Victoria.” "We will continue to support Victorians, with our ongoing economic assistance to meet the challenges of the Delta strain." "Already, the Commonwealth has provided $1.3 billion in COVID-19 disaster payments to Victorians, supporting the incomes of around 500,000 individuals and in partnership with the State Government, committed more than $4 billion to small and medium sized businesses over course of this lockdown." "But there is light at the end of the tunnel. By sticking to the National Plan, agreed to by State and Territory leaders, we can safely ease restrictions and open up our economy." "And as we progress towards our vaccinations targets of 70 to 80 per cent, the Morrison Government will continue to work closely with the State Government to support Victorian businesses through this difficult and challenging time.” Over the course of the pandemic, the Victorian Government has provided more than $10 billion in direct financial support for businesses, including $3.1 billion in cash grants to more than 130,000 businesses since the May/June restrictions period. Victorian Treasurer Tim Pallas said the Victorian Government understood the importance of maintaining a genuine partnership with the state’s small and medium-sized businesses. “Businesses of all colours and shades have shown great resilience and we’ll continue to back them as we move towards the levels of vaccination that we need in order to open up again in a sustained way,” Mr Pallas said. “We are responding to changing circumstances with a package that is bigger than anything we’ve announced before, and it’s the right thing to do. It’s right for the dedicated business owners across the state and it’s right for their workers.” “This package will support our hardest-hit sectors and businesses and ensure they can keep paying the expenses that don’t go away just because the doors are shut.” Victorian Minister for Industry Support and Recovery Martin Pakula said the move to a tiered system of funding for the Business Costs Assistance Program recognised the cumulative impact of an extended period of lockdown. “It means businesses with more workers will have greater support to maintain those numbers in coming weeks as we look to a future with high levels of vaccination and greater freedoms,” Mr Pakula said. “These are hard yards being done right now, but the rewards will be significant. In the meantime, we’ll continue to stand by Victorian businesses and their workers.” Details about Victorian business support payments is available at business.vic.gov.au. Business Costs Assistance Program Round 4 Funding of up to $1.6 billion will support about 132,000 businesses across multiple sectors who were recipients of the Business Costs Assistance Program Round Two or July Extension. Businesses throughout Victoria will receive automatic payments of $2,800 a week (annual payroll below $650,000), $5,600 a week (payroll of 650,000 to $3 million) or $8,400 (payroll of $3 million to $10 million) to cover ongoing costs such as wages, rent, utilities and insurance. Businesses will remain eligible while they are unable to operate due to public health restrictions. Licensed Hospitality Venue Fund 2021 Licensed hospitality businesses that have previously received grants under the Licensed Hospitality Venue Fund 2021 or July Extension programs will receive automatic payments of $5,000, $10,000 and $20,000. Payment amounts are tiered according to premises capacity: $5,000 for a capacity of up to 99 patrons or where patron capacity is not specified, $10,000 for a capacity of 100 to 499 patrons, and $20,000 for a capacity of 500 or more. Up to $289 million funding will support more than 9,300 premises impacted by lockdown. Hospitality businesses will remain eligible while they are unable to operate due to public health restrictions. Small Business COVID Hardship Fund The Small Business COVID Hardship Fund will receive a $448 million boost, increasing the total grant amount available to small and medium-sized businesses from $14,000 to $20,000 in recognition of the impact of the lockdown extension. The Fund now stands at $700 million, providing support for up to 35,000 businesses. Some 16,000 businesses that have already received a Small Business COVID Hardship Fund grant will receive an automatic top-up payment of $6,000. This program supports businesses that have been ineligible for Victorian Government business support programs since May but have experienced a reduction in revenue of at least 70 per cent. This includes businesses that are legally allowed to operate but are restricted in their ability to generate revenue. Applications for the Small Business COVID Hardship Fund will close on 10 September. Alpine Support Package – September Top-Up Alpine businesses will share in $11.2 million in support through another automatic top-up payment of between $10,000 and $40,000. These payments will assist alpine businesses through the remainder of the ski season, with a top-up payment available for approximately 430 businesses based on and off the mountain. For off-mountain businesses, the payment will be $10,000, for on-mountain business with no employees, $20,000, and for on-mountain businesses with employees, $40,000. COVID-19 Disaster Payments Eligible workers across the state who lose hours of work due to the lockdown will be able to access the Commonwealth’s COVID-19 Disaster Payment, as will individuals who are sole-trader business owners who lose work and that do not qualify for Victorian Government support programs. The COVID-19 Disaster Payment is administered through Services Australia, with the Federal Government funding the areas declared a Commonwealth hotspot and the Victorian Government assuming responsibility to fund payments in locked-down areas that are not deemed to be official hotspots. The payment is set at $450 for people who have lost from eight to 20 hours work or a full day of work (over seven days), and $750 for 20 hours or more of work lost. People who receive certain Commonwealth income support are eligible to receive a $200 payment where they have lost eight hours or more of work due to the lockdowns. Victorian micro-businesses and sole trader business owners who wish to apply for the Commonwealth COVID-19 Disaster Payment can access the Business Victoria Concierge Service on 13 22 15 and schedule an appointment that will provide them with assistance to make an application.

Digital Charge: Software Boost For Small Businesses

Thousands of small businesses around Victoria will have the chance to improve their online presence and arm themselves with more digital skills, with the Small Business Digital Adaptation Program reopening for applications. The program provides $1,200 rebates so small businesses can access a range of digital business tools to make improvements to things like websites, online marketing tools, cash flow services, jobs and project management and stocktake systems. The program has been extended to offer additional support to Victorian businesses during the current lockdown and beyond. As part of the program, software providers will give businesses access to product-specific support and training during the trial period. Once the trial period has finished, businesses can then use one or more of the digital products listed as part of the program and apply for a rebate of up to $1,200, while continuing to receive product support and advice. Software applications offered by Mr Yum, Square, Shopify, MYOB, XERO and Squarespace are some of the resources on offer as part of the program. Businesses will also be able to participate in free digital workshops offered through Small Business Victoria. The first round of the program was launched in November 2020 and more than 8,000 successful applications were received. Phoebe and Tim Simpson adopted Shopify for Hosea Store in Mornington with support from the Small Business Digital Adaptation Program. Shopify is helping the furniture and homewares business reach its target market and build a strong community. Marky Gong has used the program to purchase and maintain a subscription to Xero for her Hawthorn cafe Alley Hens, providing important assistance with accounting, payroll and superannuation. Applications for the second round of the Small Business Digital Adaptation Program will close on 5 December 2021. For more information, visit business.vic.gov.au. Quotes attributable to Minister for Small Business Jaala Pulford “Gaining a tech edge and learning new digital skills can be a game-changer for small businesses, and that’s exactly what this program provides.” “We’re supporting investments in digital capability that might not otherwise be made, given the many other demands on cashflow in these extremely challenging times.” Quote attributable to Hosea Store co-owner Phoebe Simpson “It’s a great space to get help, especially for someone learning to run a business. For people without that background experience, access to these tools is amazing.” “It was a really nice surprise to find that the support was there when and if we needed it.”

Digital Charge: Software Boost For Small Businesses

Thousands of small businesses around Victoria will have the chance to improve their online presence and arm themselves with more digital skills, with the Small Business Digital Adaptation Program reopening for applications. The program provides $1,200 rebates so small businesses can access a range of digital business tools to make improvements to things like websites, online marketing tools, cash flow services, jobs and project management and stocktake systems. The program has been extended to offer additional support to Victorian businesses during the current lockdown and beyond. As part of the program, software providers will give businesses access to product-specific support and training during the trial period. Once the trial period has finished, businesses can then use one or more of the digital products listed as part of the program and apply for a rebate of up to $1,200, while continuing to receive product support and advice. Software applications offered by Mr Yum, Square, Shopify, MYOB, XERO and Squarespace are some of the resources on offer as part of the program. Businesses will also be able to participate in free digital workshops offered through Small Business Victoria. The first round of the program was launched in November 2020 and more than 8,000 successful applications were received. Phoebe and Tim Simpson adopted Shopify for Hosea Store in Mornington with support from the Small Business Digital Adaptation Program. Shopify is helping the furniture and homewares business reach its target market and build a strong community. Marky Gong has used the program to purchase and maintain a subscription to Xero for her Hawthorn cafe Alley Hens, providing important assistance with accounting, payroll and superannuation. Applications for the second round of the Small Business Digital Adaptation Program will close on 5 December 2021. For more information, visit business.vic.gov.au. Quotes attributable to Minister for Small Business Jaala Pulford “Gaining a tech edge and learning new digital skills can be a game-changer for small businesses, and that’s exactly what this program provides.” “We’re supporting investments in digital capability that might not otherwise be made, given the many other demands on cashflow in these extremely challenging times.” Quote attributable to Hosea Store co-owner Phoebe Simpson “It’s a great space to get help, especially for someone learning to run a business. For people without that background experience, access to these tools is amazing.” “It was a really nice surprise to find that the support was there when and if we needed it.”

New Monash Hubs To Boost COVID Vaccine Manufacturing

A new purpose-built facility at Monash University will increase Victoria’s medicine manufacturing capability, including COVID-19 vaccines, thanks to a funding boost from the Victorian Government. Minister for Higher Education Gayle Tierney today announced the $21.65 million trio of projects at the Clayton campus, including the $13.8 million expansion of the Medicines Manufacturing Innovation Centre (MMIC), which will produce Australia’s first mRNA vaccine for clinical trials. MMIC has already played a vital role in developing tools to combat COVID-19, including a therapy inhaled through the nose. The new facilities include more office space and laboratories to strengthen collaboration between scientists and medicine manufacturers – further cementing Victoria as a leader in medicine manufacturing. The funding will also help create the $4.63 million oNKo-innate hub which will drive innovation in the development of cancer therapies, and the creation and commercialisation of treatments. The project will also support the $3.21 million UP-LINK University Partner Collaboration Space which will be a home for start-ups to digitally streamline smart manufacturing. It is the first component of the larger Monash Smart Manufacturing Hub project that will help drive increased research commercialisation and entrepreneurship. The project will create opportunities for about 1,000 students, and more than 350 jobs direct research positions and secondary jobs as well as 100 jobs in construction. Construction is due to be completed next year. The Government contributed $16.1 million to the project in a joint effort by Monash University and its partners, and was one of many pitches from universities to the Victorian Higher Education State Investment Fund, which was developed in response to the significant impact of the coronavirus pandemic on the sector. The unprecedented $350 million Victorian Higher Education State Investment Fund is supporting universities with capital works, research infrastructure projects and applied research focused on boosting Victoria’s productivity and economy as the state recovers from the coronavirus pandemic. Quote attributable to Minister for Higher Education Gayle Tierney “This is a huge scientific development putting Monash and local Victorian experts at the forefront of the global fight against COVID-19 – and we're so proud to be supporting this groundbreaking research." Quote attributable to Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford “We’re serious about developing our mRNA manufacturing capacity and doing it quickly, because it will save lives. This support for an Australian-first clinical trial is another major step in a really important journey.” Quote attributable to Monash University Vice-Chancellor Margaret Gardner “Monash University is pleased to receive funding through the VHESIF to drive commercial and entrepreneurial activity across the Monash Technology Precinct.”

New Monash Hubs To Boost COVID Vaccine Manufacturing

A new purpose-built facility at Monash University will increase Victoria’s medicine manufacturing capability, including COVID-19 vaccines, thanks to a funding boost from the Victorian Government. Minister for Higher Education Gayle Tierney today announced the $21.65 million trio of projects at the Clayton campus, including the $13.8 million expansion of the Medicines Manufacturing Innovation Centre (MMIC), which will produce Australia’s first mRNA vaccine for clinical trials. MMIC has already played a vital role in developing tools to combat COVID-19, including a therapy inhaled through the nose. The new facilities include more office space and laboratories to strengthen collaboration between scientists and medicine manufacturers – further cementing Victoria as a leader in medicine manufacturing. The funding will also help create the $4.63 million oNKo-innate hub which will drive innovation in the development of cancer therapies, and the creation and commercialisation of treatments. The project will also support the $3.21 million UP-LINK University Partner Collaboration Space which will be a home for start-ups to digitally streamline smart manufacturing. It is the first component of the larger Monash Smart Manufacturing Hub project that will help drive increased research commercialisation and entrepreneurship. The project will create opportunities for about 1,000 students, and more than 350 jobs direct research positions and secondary jobs as well as 100 jobs in construction. Construction is due to be completed next year. The Government contributed $16.1 million to the project in a joint effort by Monash University and its partners, and was one of many pitches from universities to the Victorian Higher Education State Investment Fund, which was developed in response to the significant impact of the coronavirus pandemic on the sector. The unprecedented $350 million Victorian Higher Education State Investment Fund is supporting universities with capital works, research infrastructure projects and applied research focused on boosting Victoria’s productivity and economy as the state recovers from the coronavirus pandemic. Quote attributable to Minister for Higher Education Gayle Tierney “This is a huge scientific development putting Monash and local Victorian experts at the forefront of the global fight against COVID-19 – and we're so proud to be supporting this groundbreaking research." Quote attributable to Minister for Innovation, Medical Research and the Digital Economy Jaala Pulford “We’re serious about developing our mRNA manufacturing capacity and doing it quickly, because it will save lives. This support for an Australian-first clinical trial is another major step in a really important journey.” Quote attributable to Monash University Vice-Chancellor Margaret Gardner “Monash University is pleased to receive funding through the VHESIF to drive commercial and entrepreneurial activity across the Monash Technology Precinct.”