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.
Announced today at Mitchell Harris Wine Bar in Ballarat, 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, and for the this, the third round, some of the guidelines have been altered so infrastructure projects that attract significant investment and create new jobs can be eligible for grants up to $100,000.
The first two rounds of the Fund supported 106 projects worth nearly $2 million, representing a significant injection of investment in Victoria’s highly regarded wine industry. The 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 across the globe.
The Wine Growth Fund is part of the government’s boost to 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.
Victoria's wine industry contributes more than $7.6 billion to the state's economy, and employs more than 13,000 people in grape growing, wine making, cellar door sales and hospitality operations