The Business Innovation and Investment (Permanent) visa (subclass 888) has three streams available through the Department of Immigration and Border Protection (DIBP).
The State Nominated Business Innovation (Permanent) visa (subclass 888A) is the Business Innovation stream available for Victorian Government nomination.
To find out if you are eligible, read DIBP’s visa criteria for the Business Innovation and Investment (Permanent) visa (subclass 888)
To be eligible for visa nomination by the state of Victoria, you will need to:
meet the DIBP eligibility requirements for this visa; and
have owned and operated a viable and sustainable ‘eligible’ business in Victoria for no less than two years; and
have a genuine commitment to remain in Victoria and to continue to engage in commercial activity.
You should also read the state nomination conditions and assessment criteria on this page.
Once you are confident you can meet the relevant requirements, you can apply for Victorian visa nomination.