Breakthroughs in
advanced manufacturing
don’t just happen

$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.

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.

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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.


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.

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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.


Arden Macaulay

Fishermans Bend



Waurn Ponds

Media releases

Breakthrough Victoria paves way for global expansion in epilepsy technology

08 July, 2022

Breakthrough Victoria launches $100m Breakthrough Victoria - University Innovation Platform to commercialise university-driven ideas

23 June, 2022

Breakthrough Victoria invests in University of Melbourne’s $15m Genesis Fund to lift commercial outcomes

16 June, 2022

Breakthrough Victoria welcomes new board appointments

2 February, 2022

Investment Expert Appointed Breakthrough Victoria CEO

27 October, 2021

Breakthrough Victoria invests in new biotech incubator in Melbourne’s Biomedical Precinct

23 November, 2021