Grants & Funding

Breakthrough Victoria Fund

Breakthrough Victoria is an independent company that manages a $2 billion investment fund set up by the Victorian Government to make Victoria a global innovation leader.

Breakthrough Victoria Fund

Introduction

Breakthrough Victoria is an independent company that manages a $2 billion investment fund set up by the Victorian Government to make Victoria a global innovation leader.

We support people and innovations from the first spark of an idea right through to companies with ambitions for large scale growth.

We bring together investors, research institutions, governments and companies to commercialise great ideas and innovations that create jobs in emerging industries and deliver prosperity for Victoria over the next decade and beyond.

Responding to the world’s biggest challenges in:

  • Advanced manufacturing - Modern manufacturing can transform industries to produce cleaner materials and more efficient processes.

  • Agri-food - Victoria’s reputation for clean, safe produce helps us to develop, scale and source the next generation of agriculture.

  • Clean economy - Our future depends on technologies and innovations that reduce emissions across all sectors

  • Digital technologies - Digital technology developments support greater innovation, jobs and business growth.

  • Health and life sciences - Victoria is a life sciences hub for research, healthcare and the biotech and medtech sectors.Investing in all stages of growth

Investing in all stages of growth

Supporting companies to thrive, whether research institutes, start-up founders or established businesses.

PRE-SEED DEVELOPMENT CAPITAL

Who: Early-stage founders and startups

What: Investment for proof-of-concept, pre-revenue and prototype or minimum viable product

Typical investment size: $150,000

Who: Early-stage high-growth potential companies
What: Investment to start operations and launch as a fully-fledged business
Typical investment size: $1-5 million

Who: High-growth companies with early-stage success

What: Direct equity investments in mature businesses looking to expand existing innovative products or services into global and domestic markets.

Typical investment size: $10-15 million

Other ways we invest

We're investing in research infrastructure, shared technology facilities, research platforms and other funds to lift commercialisation and research translation rates.

Platform - Investing in infrastructure to spearhead collaboration with universities, research institutions and companies.

Fund investment - Co-investing with our partners to commecialise innovation.

Find out more