The Victorian government has announced backing for pharmaceutical manufacturer IDT Australia to boost production of live-saving cancer treatments. IDT Australia will build a new facility in Boronia, Melbourne to manufacture Antibody Drug Conjugates (ADCs) which have the specificity of monoclonal antibodies and deliver chemotherapy agents to cancer tumor sites. ADCs are set to replace almost…
Nominations opened on Thursday for the annual Victorian Manufacturing Hall of Fame Awards, now in their 22nd year, with 14 awards to be presented at a gala dinner in October. Industry minister Natalie Hutchins opened nominations for the 2024 awards, calling Victoria the nation’s “home of advanced manufacturing” and stating that the awards provide a…
Ten Victorian manufacturers will boost their innovative capabilities through new grants announced under the state’s $15 million Made in Victoria – Industry R&D Infrastructure Fund. The Minister for Jobs and Industry Natalie Hutchins announced the grants, highlighting support for medical technology developer PolyNovo. The Port Melbourne company designs, develops and manufactures skin regeneration products to…
Orbital expects new drone engine model production in FY24 Drone engine manufacturer Orbital Corporation (Orbital UAV) has reported a fall in revenues in athe first half of FY24 however directors revealed a new engine model could be manufactured as early as April, 2024. The Perth company reported a net loss of $425,000, down 76 percent…
Victorian government announces Skills Solutions Partnerships Program Victorian industry minister Natalie Hutchins announced the $10 million Skills Solutions Partnerships Program at the 2023 Victorian Manufacturing Showcase on Tuesday. As part of the program, government, industry, TAFEs and universities will co-design and pilot new training courses in manufacturing, digital, construction, clean economy, healthcare and social services,…
Applications are now open and four companies will be selected for a first round of the new Cremorne Digital Hub (CDH) Scaleup Program, which will get underway in February. According to a statement from Victorian industry minister Natalie Hutchins on Tuesday, the program will support companies possessing “high investment and job creation potential” with their…
The Victorian government has opened applications for grants worth between $50,000 and $250,000 under the second round of the Made in Victoria – Manufacturing Growth Program. Grants are available to companies categorised as SMEs (between 20 and 200 employees) and cover up to a third of project costs. Projects include installation of new equipment, prototyping,…
Applications are open for grants worth between $100,000 and $750,000 under the Victorian government’s Made in Victoria – Energy Technologies Manufacturing program. According to a statement on Wednesday from industry minister Natalie Hutchins, grants will support manufacturers of products or components for zero emissions and renewable energy in purchasing or developing new equipment, skills, or…
