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Victorian Business Innovation & Investment Program opening on 4 January 2021

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The Victorian State Government has advised that the Victorian Business innovation and Investment Program (BIIP) will be opening on 10AM AEST on Monday 4 January 2021.

The Department of Home Affairs has allocated the Victorian Government a further 1,350 visa nomination places in addition to the 400 nomination places that were issued as part of the interim program.

The Victorian total number of places for the Business Innovation and investment Program is 1,750 for the 2020-2021 migration program year.

Changes to the Business Innovation & Investment Program Nomination criteria

The Victorian Government has made a commitment to strengthen Victoria’s ability to attract and select the worlds best businesspeople and international investors who will:

  • Create jobs for the State of Victoria
  • Boost innovation is targeted sectors (digital technologies, advanced manufacturing, health and life sciences, agri-food, new energy and emission reduction, circular economy and priority precints)
  • Establish and generate innovative forward thinking businesses that utilise their qualifications in STEMM (Science, Technology, Engineering, Mathematics and Medicine) fields

A number of changes have been implemented in anticipation of the program opening on the 4 January 2021. The changes in detail can be found by clicking here.

Professional Assistance & Representation

Ethos Migration Lawyer’s are experts in the highly complex Business Innovation & Investment (subclass 188/888) visa subclasses. If you would like high-quality strategic advice and representation relating to making an application for a Business Innovation & Investment SC188 Visa please contact our office.

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