$2 billion in funding
Backed by the Victorian Government, we will invest $2 billion over the next 10 years in industries that will create the jobs of tomorrow.
Breakthroughs inadvanced manufacturingdon’t just happen
Breakthroughs in
advanced manufacturing
don’t just happen
Future-focused investing
Our capital is patient. We focus on sustainable, long-term investments that will establish the growth and thriving industries of the future.
Fast-tracked, commercialised innovation
We accelerate how ideas come to life: transforming innovations into real-world applications and businesses that sustain our economy, create jobs and improve lives.
At Breakthrough Victoria, we invest in innovation for impact.
The Fund
$2 billion
The horizon
10 years and beyond
Victoria is home to some of the best scientific, digital and knowledge institutes and businesses in the world - all sharing a mission to discover the next breakthrough.
Whether it’s the next generation of medical tech, designing sustainable food sources, or uncovering new ways to take action on climate change, Victorian innovators are already developing the research, technology and ideas that will transform our lives for the better.
Investing in industries of the future
We will invest in these priority sectors:
Health and life sciences
Our life sciences sector is underpinned by a world-class research ecosystem which uncovers cutting-edge medicines and procedures.
Advanced manufacturing
Our sustainable manufacturing industry is fuelling enterprise opportunities, creating an environment for new ways of producing at scale.
Digital technologies
Our emerging digital technologies are setting a new standard for engaging real world experiences.
Agri-food
Our reputation for clean, green and safe produce gives us a platform to develop, scale and source the next generation of agriculture and food products.
Clean economies
Our future depends on investing in the innovations and products needed to keep our planet healthy.
Investing in Victoria’s priority precincts
We will focus investment in key innovation and employment precincts. Significant opportunities from elsewhere in Victoria will also be considered.
Parkville
Arden Macaulay
Fishermans Bend
Bundoora
Clayton
Waurn Ponds