The Victoria’s wine industry has been given a significant boost following the Victorian Government’s
$2 million injection into the Wine Growth Fund, with a third funding round set to go ahead.
The Wine Growth Fund aims to develop and sustainably grow the wine industry in Victoria by providing innovative growers, organisations and projects with funding to build both domestic and international markets.
The Fund supports activities including marketing, exporting, tourism and business development. The guidelines have been altered so that infrastructure projects that attract significant investment and create new jobs are eligible for grants up to $100,000.
The first two rounds of the Fund supported 106 projects worth approximately $1.9 million, representing a huge injection of investment in Victoria’s highly regarded wine industry.
These projects have created new jobs in the wine industry, generated an increase in visitation to Victoria’s wineries, and increased sales and exports of Victorian wines.
Member for Northern Victoria Mark Gepp said “Northern Victoria forms an integral part of our state’s Wine Industry from Mildura to Shepparton and the Andrews Labor Government’s Wine Growth Fund recognises and supports that.”
The Wine Growth Fund is part of the Government’s commitment to boost the wine industry, which also includes the Wine Industry Development Strategy and the formation of the Wine Industry Ministerial Advisory Committee.
Minister for Agriculture and Regional Development Jaala Pulford said “the Wine Growth Fund has successfully supported more than 100 projects to help grow Victoria’s wine industry and we’re proud to announce a third round of this program.”
“The wine industry contributes over $7.6 billion to Victoria’s economy and directly employs more than 13,000 people in grape growing, wine making, cellar door sales and hospitality operations – that’s why the Victorian Government is investing in its future.”
Applications are open to businesses or organisations from all wine regions in Victoria directly involved in the wine industry, including the growing, making and marketing of wine.
For more detail about eligible projects, funding priorities and how to apply, contact your local RDV Business Centre.