Breakthrough Victoria is an independent investment management company established in 2021 to invest and manage the Victorian Government’s landmark $2 billion Breakthrough Victoria Fund. We invest in and work with innovators and researchers to commercialise ideas, and make Victoria the destination State for innovation. We invest for impact - producing commercial returns, improving lives, and creating employment opportunities for Victorians.
$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.
At Breakthrough Victoria, we invest in innovation for impact.
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.