Agribusiness

Victoria’s wine industry ripe for growth

Victoria’s wine industry is set for further growth thanks to the Victorian Government’s launch of the Wine Growth Fund.

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.

Applications are now open for grants of up to $20,000 for individual organisations and $50,000 for collaborative projects involving more than one organisation to support activities including marketing, exporting, tourism and business development.

Projects that increase wine tourism and cellar door sales, foster export markets and deliver skills and training for business development will be considered favourably.

The Wine Growth Fund is part of the Victorian Government’s $1 million election commitment to boost the wine industry, which also includes the Wine Industry Development Strategy and the formation of the Wine Industry Ministerial Advisory Committee.

The first round of grants closes on 31 May 2016.

Funding is provided on a co-contribution basis of $1 to $1 to the maximum grant amount.

Applications are open to businesses or organisations directly involved in the Victorian wine industry, including the growing, production and marketing of wine, businesses or organisations that act as service providers to the wine industry and groups of individuals, businesses or organisations.

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