Joint Ventures and Amalgamation Projects

Joint Ventures and Amalgamation Projects

Last updated 3 November 2016
Last updated 11/03/2016

The purpose of the Joint Ventures and Amalgamation Projects (JVAP) funding is to assist industry training organisations (ITOs) to work together with other organisations to facilitate desirable structural change and joint ventures in the sector; support best practice in vocational education and training; and support projects to enhance the efficiency and effectiveness of ITOs.

Who applies:  ITOs

Agreed through:  Funding letter (off Plan)

Joint Ventures and Amalgamation Projects (JVAP) funding is part of the Industry Training Fund. Funding may be awarded to ITOs and/or other organisations. JVAP funding is capped at $1million annually. 

Applying for funding

Funding for JVAP is allocated via an application process.

JVAP application form for funding (Word, 380 Kb) 

Written evidence of each organisation’s commitment to undertake the project must be provided. The application should be made before the project commences.

Funding mechanism

The TEC allocates JVAP funding  in accordance with the Minister for Tertiary Education, Skills and Employment’s Determination of Design of Funding Mechanism: Industry Training and Industry Training Organisation Strategic Leadership (funding mechanism).

Information sharing

To promote the purpose of the funding, the TEC may require an organisation that receives funding to share information on funded projects with the wider ITO sector.