Regional Development Victoria

Employment Precincts

This program stream aims to boost the capacity of new and existing regionally significant employment precincts. It will provide funding to support the development or enhancement of land and facilities that generate greater job density and more productive industry clusters. This includes enabling infrastructure that facilitates long-term investment and jobs creation in a precinct by a foundation business or an anchor tenant.

Overview

manufacturing in Geelong

This Regional Jobs Fund program stream will invest in specific locations with a commercial and innovation focus and underpinned by an anchor tenant or investment imperative. These employment precincts are critical to providing an environment in which existing and emerging regional industries can grow business opportunities and create jobs.

Employment precincts provide an opportunity to create a diversified local economy. They are also where collocated businesses, research institutions, technology assets and service providers can support greater collaboration and economic development.

This program stream aims to boost the capacity of new and existing regionally significant employment precincts. It will provide funding to support the development or enhancement of land and facilities that generate greater job density and more productive industry clusters. This includes enabling infrastructure that facilitates long-term investment and jobs creation in a precinct by a foundation business or an anchor tenant.

Firefighter training with virtual reality fire fighting ssimulator
Success Story

Advancing Geelong manufacturing

ManuFutures will support up to 15 commercial enterprises and 150 people working in advanced manufacturing industries ranging from start-ups to global corporations.

View Success Story

Objectives of Program

The program will give preference to projects which seek to enhance employment precincts in emerging sectors including but not limited to:

  • food and fibre
  • professional services
  • new energy technology
  • medical technology, life sciences and healthcare
  • transport, defence and construction technology
  • international education
  • the visitor economy.

Funding Details

Activities that will be considered

Through the employment precincts program stream support may be available for:

  • provision of infrastructure and servicing that facilitates long-term commercial investment by a foundation business or anchor tenant that creates jobs and encourages innovation in a precinct
  • development or facility upgrades that enhance business growth, jobs creation and innovation potential of existing employment precincts
  • development of new precinct ‘stages’ that enhance business growth, job creation and the innovation potential of existing employment precincts
  • development of new precincts in geographically specific and strategic locations that optimise existing economic assets, provide strong connections to new markets and enhance the region’s capacity to attract new investment in growth sectors.

Activities that will generally not be funded

The following activities will generally not be considered for funding:

  • projects related to tourism, heritage, cultural or arts precincts (refer to the Regional Infrastructure Fund)
  • provision of infrastructure or land development that is not clearly linked to industry demands or strong job creation potential
  • land development that does not offer optimum land use value
  • facilities development that solely benefits an individual business without the potential for additional business establishment within a precinct.

Application Process

All project applications will be considered on an individual basis.

Applicants will be required to demonstrate the project’s ability to address each of the core Regional Jobs Fund (RJF) criteria outlined in the Regional Jobs Fund application guidelines.

Applications will also need to address distinct criteria which include how the project will:

  • increase and diversify employment opportunities within a precinct
  • respond to industry demands or align with a particular regional competitive advantage
  • generate further investment in an existing employment precinct
  • optimise effective land use in a given location
  • provide ongoing benefits for existing and future businesses and tenants.

Prior to submitting an application, applicants are advised to:

Step 1

Read the RJF application guidelines and relevant Employment Precincts program stream information sheet

Step 2

Read the terms and conditions for the funding offered

Step 3

Contact your local RDV office to discuss your project

Download Resources

Project Category Download
Regional Jobs Fund (RJF) application guidelines (129.3 KB ) Download
Regional Jobs Fund (RJF) application guidelines (953.5 KB ) Download
Employment Precincts information sheet (80.7 KB ) Download
Employment Precincts information sheet (60.8 KB ) Download

Projects funded by this program

Project Name Region Year Amount Funded
Wangaratta Turf Club Stage 2 Development Upgrade Ovens Murray (Hume) 2016 CiC
Deakin University: ManuFutures Barwon (Barwon South West) 2016 CiC
Industrial Precinct Development (Avalon Airport Industrial Precinct) Barwon (Barwon South West) 2016 CiC
West Sale Airfield Infrastructure Upgrades - AIR5428 Gippsland 2016 CiC
Gippsland Logistics Precinct Stage 1 Gippsland 2016 CiC
Gippsland Logistics Precinct Site Activation Gippsland 2016 CiC
  • This may not be a comprehensive listing of all announced funding through the Regional Jobs Fund, Employment Precincts Program Stream
  • CiC indicates the project funded amount is Commercial or Cabinet in Confidence
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