Victoria's wine industry keeps sparkling

Victoria's wine industry keeps sparkling

Victoria’s wine industry will taste even better thanks to a $2 million boost from the Victorian Government through the third round of the Wine Growth Fund.

Member for Buninyong Geoff Howard represented Victorian Minister for Agriculture and Regional Development Jaala Pulford at Mitchell Harris Wine Bar in Ballarat to announce the funding and expanded guidelines for the 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.

The Fund supports activities including marketing, exporting, tourism and business development.

The guidelines have been altered so 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 nearly $2 million – 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.

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

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.

Source: Vic Government