The Victorian Government has granted the Ballarat manufacturers $42,000 in funding to help improve their competitiveness.
As The Ballarat Courier reports, Minister for Manufacturing David Hodgett announced on Tuesday that the Ballarat Innovation Industry Group would receive the money.
In addition, the City of Ballarat will match the grant and the Australian Industry Group will provide further assistance to the group which aims to share their experiences and insights into innovation, technology and manufacturing.
“It is all about helping manufacturing and businesses, targeting projects to those businesses to help them become more competitive,” Mr Hodgett said.
“We recognise the challenges and we have got to support those businesses that have those challenges.
“There are plenty of good news stories in manufacturing but we tend not to talk them up, we tend to focus on the bad news stories.
“But we also need to celebrate our successes because there are plenty of good news stories and plenty up here in regional Victoria.”
The Ballarat Innovation Industry Group is a collaborative group which was formed in response to the difficulties in the region, which shed half of its manufacturing jobs between 2010 and 2013.