Latrobe Valley Investment and Development
The Latrobe Valley community faces significant challenges from Australia's introduction of a carbon price and its impacts on the region's brown coal-based power industry. These consequences may include the long-term closure of generators, reduced employment and investment, and uncertainty about what jobs and industries will replace them.
The Victorian Government is investing $30 million in the Latrobe Valley to support job creation, skills growth and new industry development. Support is being provided for:
- Jobs and infrastructure development ($10 million);
- Skills and training ($10 million); and
- Sustainable energy and research ($5 million).
A further $5 million is being provided to develop the Latrobe Valley Industry and Employment Roadmap, a long term plan for strategic investment and positioning for growth.
Overall, the investment is supporting the current workforce to up skill, seek new training opportunities and prepare for new and emerging employment opportunities in the region.
Latrobe Valley Industry and Infrastructure Fund
The Government is providing $10 million in grants under the Latrobe Valley Industry and Infrastructure Fund (LVIIF) to create new employment opportunities and encourage new private sector investment.
Applicants to the Latrobe Valley Industry and Infrastructure Fund must demonstrate how the proposed infrastructure project will create jobs and social and economic opportunities for the Latrobe Valley and its workforce.
Applications for funding from $100,000 to $2 million are sought from local government bodies, regional infrastructure providers, regional organisations, education institutions and the private sector. The fund closes on 31 May 2013.
Download a copy of the LVIIF Guidelines (PDF 408.7 KB) (Word 77.5 KB) or for more information phone Regional Development Victoria on (03) 9452 5262.
Latrobe Valley Industry and Employment Roadmap
The Victorian Government announced in November 2010 that it would provide $5 million to develop and implement the Latrobe Valley Industry and Employment Roadmap.
The Roadmap is funded under the Government's $1 billion Regional Growth Fund and is a long-term strategic plan to guide future development in the Latrobe Valley to secure employment and industry growth.
The project is a partnership between the State Government and the region's local governments, business, union, education and community sectors.
The Commonwealth Government is also actively involved in supporting the region through the Latrobe Valley Transition Committee and this work will inform the development of the Roadmap.
