The Victorian Government has outlined $58 million in spending for high performance manufacturing in the State’s 2012-13 Budget.

 

New productivity networks, support for new technology and innovation, and specialist advice and services for Victorian manufacturers will be targeted by the funding over four years.

 

"These grants will support Victorian manufacturers to transform their operations by adopting strategies that improve productivity and competitiveness, strengthen capability and encourage wider and ongoing innovation,” State Minister for Manufacturing Richard Della-Riva said.

 

"This funding includes support for networks to plan and scope potential activities and to undertake specific projects such as information exchanges, collaboration with research institutions or pursuing new business and market opportunities.”