Regional Tourism Infrastructure Fund
This fund helps grow and realise the potential of regional Victoria’s visitor economy which attracts more than 14 million domestic and international visitors every year.
Overview
The Victorian Government has established the $103 million Regional Tourism Infrastructure Fund (RTIF) to help grow and realise the potential of regional Victoria’s visitor economy which attracts more than 14 million domestic and international visitors every year.
This fund is not currently open.
Objectives of Program
The RTIF’s main objectives are to:
- increase visitation to regional Victoria and visitor yield by supporting strategic projects;
- boost regional tourism investment; and
- drive new jobs across regional Victoria in the tourism sector.
The RTIF is a pathway to accelerate delivery of regional Victoria’s high value tourism projects identified through a regional tourism pipeline.
Funding Details
RTIF funds high value projects that activate, create or redevelop tourism assets that demonstrate a significant impact on the visitor economy. In particular, the Fund will focus on projects that attract increased visitors to the region, increase visitor yield, deliver an improved experience for those who visit and reside in regional Victoria and stimulate increased private sector investment.
The remaining funding was open to applications from prioritised projects that have been through an initial evaluation process through a tourism pipeline. Recognising that in some cases, promising projects in their early phases require funding support for the development of sound feasibility and business cases, the RTIF incorporates the Government’s $1.8 million program to support planning for tourism projects announced in December 2015 (funded through the Regional Jobs and Infrastructure Fund).
Projects funded by this program
| Project Name | Region | Year | Amount Funded |
|---|---|---|---|
| Walhalla Goldfields Railway Rail Motor Project | Gippsland | 2017 | $300,000 |
| Holgate Group Historic Hotel and Brewery Discovery Centre Expansion | Loddon Campaspe | 2017 | $1,500,000 |
| Loddon Campaspe | 2017 | $2,500,000 | |
| Creswick Trails Project | Central Highlands | 2017 | $2,560,000 |
| Gippsland | 2016 | $48,200,000 | |
| Budj Bim Cultural Landscape Master Plan | Great South Coast | 2016 | $8,000,000 |
| Winton Wetlands Indigenous trail project | Ovens Murray | 2017 | $2,940,000 |
| Ballarat Wildlife Park Penguin Exhibit | Central Highlands | 2017 | $162,009 |
| Forrest Brewing Company relocation and expansion | Barwon | 2016 | $1,490,000 |
| Echuca entertainment precinct business plan | Loddon Campaspe | 2019 | $150,000 |
- This may not be a comprehensive listing of all announced funding through the Regional Tourism Infrastructure Fund
- CiC indicates the project funded amount is Commercial or Cabinet in Confidence