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Local Industry Fund for Transition (LIFT) – Overview
Program ID: 16034
This program seeks to support investment by businesses leading directly to new sustainable jobs in regions affected by the announced closures of the three major car manufacturers (Ford, Holden and Toyota) in Victoria. It is part of the Victorian government’s Towards Future Industries: Victoria’s Automotive Transition Plan.

The program aims to create sustainable jobs and contribute to the economic development of the local areas most impacted by the closure of the major car manufacturers. It will focus on new investment to create new or additional capacity that results in sustainable jobs and helps the region build its economic base.

There are four sub-funds covering the geographical areas of:
- LIFT Geelong: Local government areas of Colac-Otway, Golden Plains, Greater Geelong, Queenscliff and Surf Coast.
- LIFT Melbourne’s North: Local government areas of Darebin, Hume, Moreland and Whittlesea.
- LIFT Melbourne’s South-East: Local government areas of Greater Dandenong, Kingston, Casey, Frankston, Knox, Monash, Whitehorse, Maroondah, Cardinia and Yarra Ranges.
- LIFT Melbourne’s West: Local government areas of Wyndham, Melton, Hobsons Bay, Maribyrnong, Brimbank and Moonee Valley.

Grants of up to 25% of eligible project expenditure, between $50,000 and $2 million is available on a 3:1 matched funding basis.

Applicants are required to demonstrate the need for government funding, including the likelihood of the project proceeding if the application is unsuccessful. If two or more businesses are applying jointly, all businesses may contribute to project expenditure to meet the co-contribution requirement.

A total funding pool of up to $33 million is available, allocated as follows:
- $10 million for Melbourne's south-east
- $5 million for Melbourne's west
- $10.6 million for Melbourne's north
- $7.5 million for Geelong

The application process has two stages:
- Expression of interest (EOI)
- Formal application (by invitation)
Who Can Apply
Eligible applicants must have:
- An Australian Company Number (ACN).
- An Australian Business Number (ABN).
- The financial capacity to meet the co-contribution requirement ($3 for every $1 granted).
- The financial reports for the last three financial years to enable the Department of Economic Development, Jobs, Transport and Resources to conduct a financial risk assessment (FRA).

Businesses of all sizes are eligible to apply and joint applications are acceptable, provided there is a lead applicant that is both the primary project proponent and an eligible applicant.

Where a project involves two or more businesses, the lead applicant should submit the application and will be subject to a FRA. All participating businesses will be subject to probity checks.

Please review the Guidelines for the list of ineligible applicants.
Eligible Activities
Eligible projects include those that:
- Meet the purpose of LIFT.
- Create new and sustainable jobs in one of the four identified geographical areas.
- Make a significant contribution to the local economy.
- Involve at least $200,000 in eligible expenditure.
- Don't involve the movement of business activity from other areas of Victoria.

Eligible expenditures may include:
- Purchase of equipment or machinery to assist business establishment or expansion (including for example, second hand or repurposed automotive manufacturing equipment).
- Direct labour costs incurred on employees directly employed on implementing and/or commissioning the agreed project.
- Construction or fit-out of a new building or extension to existing premises.
- Associated project management costs.

Eligible projects must be completed within 18 months of the date of the grant agreement.

Please review the Guidelines for the complete list/information of eligible/ineligible activities/expenditures.
Main Assessment Criteria
The main assessment criteria:
- The level of job creation.
- The level of net economic benefit.
- The demonstrated skills, experience and resources available to the business to successfully undertake the project.
- Sustainability of the project and need for government support.

Please review the Guidelines for the complete information of the assessment criteria.
Applies to
GuidelinesOctober 2016
Fact Sheet - LIFT-Geelong October 2016
Fact Sheet - LIFT-Melbourne's NorthOctober 2016
Fact Sheet - LIFT-Melbourne's South-EastOctober 2016
Fact Sheet - LIFT-Melbourne's WestOctober 2016
FAQsOctober 2016
Sample Expression of Interest FormOctober 2016
Use these documents as a guide only - always get the latest direct from the Administrator
Status Open
Start Application 23 November 2015
Opening Date 7 December 2015
Closing Information
This program is open on an ongoing basis.
Funding Type Grant
Minimum Funding $50,000
Maximum Funding $2.0M
Total Funding Pool $33.0M
Requires Co-contribution? Yes
Competitive Yes
Location Victoria
Automotive and Marine
Infrastructure / Equipment
Training / Employment
Transport and Distribution
Difficulty Rating
Department of Economic Development, Jobs, Transport and Resources (DEDJTR)
Program Administrator
Department of Economic Development, Jobs, Transport and Resources (DEDJTR)
Telephone 03 9651 9999
General Website Visit website
Program Website Visit website