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Regional Development Victoria

The $500 million Regional Jobs and Infrastructure Fund launched

Monday 29 June 2015

The Victorian Government is putting rural and regional Victoria at the heart of the state’s economy with the official launch of the new $500 million Regional Jobs and Infrastructure Fund (RJIF) in Castlemaine today.

Acting Premier, James Merlino this morning joined Minister for Regional Development, Jaala Pulford in her home town of Castlemaine, and Member for Bendigo West, Maree Edwards, to unveil the Fund’s guidelines ahead of applications opening on 1 July, 2015.

With a focus on creating jobs, improving the liveability of Victoria’s regional cities and towns, building critical infrastructure and boosting productivity and innovation to support new and emerging industries, the Fund will address key challenges and opportunities to unlock regional Victoria’s growth potential.

Outlining the guidelines, Ms Pulford urged regional and rural councils, not for profits, community groups and businesses, to get their applications in for a slice of the new dedicated regional fund.

The Fund has three programs with ten public grant program streams:

These dedicated program and grant streams reflect the Government’s investment in six high-growth sectors where Victoria is ready to lead the world, complementing the $500 million Premier’s Jobs and Investment Fund and the $200 million Future Industries Fund.

In addition to funding new projects across regional and rural Victoria that will build critical infrastructure, grow jobs and support emerging industries, the Fund will also deliver $200 million worth of projects and programs already committed under the Fund.

Initiatives include $19 million for the landmark 144 km Grampians Peak Trail, as well as major upgrades for the Geelong Performing Arts Centre and Ballarat Station Precinct, and the development of a world class health training centre and dental prosthetics laboratory in the Latrobe Valley.

For further information, application guidelines and information sheets on the program streams, visit here

© Department of Economic Development, Jobs, Transport and Resources, State Government of Victoria$500-million-regional-jobs-and-infrastructure-fund-launched

Last Updated: 15 April 2016