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Regional Infrastructure Fund

The Regional Infrastructure Fund seeks to assist the growth of rural Victoria by providing grants for infrastructure projects that have the potential to stimulate economic activity in Regional Victoria.

Overview

Bendigo airport

The Regional Infrastructure Fund (RIF) seeks to assist the growth of rural Victoria by providing grants for infrastructure projects that have the potential to stimulate economic activity in Regional Victoria.

Mountain bike rider
Success Story

Forrest mountain bike revitalisation project

Mountain bike enthusiasts will have new tracks and trails in Forrest thanks to funding from the Victorian Government that will rejuvenate existing tracks and establish new world-class tracks.

View Success Story

Objectives of Program

The objectives of the RIF are:

  • to increase economic and social benefits through improved community access and usability of precincts
  • to increase economic and social benefits through investment in strategic infrastructure.

Funding Details

The RIF will comprise a single competitive round in the 2019/20 financial year.

The round will open on 6 November 2019 and close on 18 December 2019. Successful applications are expected to be announced in late-January 2020.

Funding available will be capped at $500,000 per project.

Maximum funding ratios are:

Applicant

Maximum funding ratios for co-contributions

Regional City

Up to RDV $1 : $1 other

Large Rural Council

Up to RDV $2 : $1 other

Small Rural Council or Alpine Resort

Up to RDV $3 : $1 other

Projects seeking funding will need to demonstrate how they will:

  • improve economic performance and growth
  • create and capture value by harnessing key regional strengths such as social, environmental or economic assets, capital or specialisations
  • enhance the social and/or economic resilience and competitiveness of the location
  • align with state and regional priorities (i.e. Regional Partnership priority, or Regional, State or National or Council-endorsed plan or strategy)
  • maximise the value for money to the state including leveraging investment or funding from other sources
  • demonstrate long term feasibility and viability that will sustain positive impacts
  • be delivered within two years of receiving funding approval.

Funding will be provided for projects that:

  • improve the economic performance of a precinct
  • improve business, transport, retail, education, social, cultural, industry or community linkages
  • provide multi-purpose infrastructure, suitable and accessible for a wide range of business and community groups such as business hubs, co- working spaces, community and event facilities
  • support cultural initiatives of economic significance to the region such as renewal of buildings and sites, arts and cultural centres or resource facilities.

Application Process

To ensure the suitability of projects all applicants will need to go through the following process.

Step 1: Prior to application

Prior to submitting a formal application, applicants are advised to:

  • read these Application Guidelines to establish eligibility
  • discuss the proposed project with your local RDV representative
  • read the terms and conditions for the funding offered
  • express interest in applying for financial assistance by preparing a short description of the project, including the magnitude of the investment and jobs to be retained and created through the project.

Step 2: Prepare an application

If the initial assessment is successful, the applicant will be invited to apply for program funding and

an online link to an application form will be sent to the applicant.

Applicants should use the online application

form to clearly and succinctly describe the project by detailing:

  • the challenge or opportunity it is looking to address;
  • the objectives of the project;
  • the desired outcomes;
  • the outputs to be delivered; and
  • any resource requirements.

Applicants should address the assessment criteria of the RIF program and provide the supporting documents required by the application form.

Applicants should submit the following documents where required with the application.

All applications must provide:

  • a response to the assessment criteria
  • completed project plan, including consideration of key risks
  • cost estimates/quotes
  • letters of support, as appropriate
  • evidence confirming funding sources
  • evidence of land ownership/tenure

As required, applications should also include:

  • a joint use agreement or a completed notification of intent to enter into a joint use agreement form, including a letter of endorsement from the relevant agency
  • copy of completed Cultural Heritage Management Plan, Vegetation Assessments, Environmental Management Plans, etc. as appropriate or evidence that these types of plans are not required
  • evidence that relevant approvals to commence the project have been obtained, such as Planning Permit, Heritage Victoria Permit, etc.
  • schematic plans for the project.

For grants over $300,000, also provide:

  • quantity surveyor’s estimate
  • construction plans for the project (desirable).

Where the applicant proposes to enter the funding agreement on behalf of a supported organisation the application must include written confirmation from the supported organisation that they have reviewed the application and agree to its content and that the project will be delivered by the applicant on their behalf.

Step 3: Assessment process

Applications will undergo a two-stage assessment process.

  1. Determining the proposed project’s eligibility. This will be done by assessing the project’s ability to meet the assessment criteria outlined in Step 2. This stage will also consider key risks and issues associated with the project.
  2. Eligible applications will be considered by the Assessment Panel against the assessment criteria.

The Assessment Panel will make a recommendation to the Minister for Regional Development.

The Assessment Panel is chaired by RDV and includes representatives from the Department of Jobs, Precincts and Regions, the Department of Treasury and Finance and the Department of Premier and Cabinet. Where relevant, comments and advice will be sought from other Victorian government departments and agencies.

Step 1

Review the RIF Application Guidelines and application guidelines

Step 2

Contact your local RDV office to discuss eligibility

Step 3

Complete the funding application and submit with associated documentation

Download Resources

Resource Download
RJIF Application Guidelines 2020 (278.7 KB ) Download
RJIF Application Guidelines 2020 (126.5 KB ) Download

Projects funded by this program

This table includes projects funded under the previous program streams:

  • Enabling Infrastructure
  • Productive and Liveable Cities and Centres
  • Rural Development
  • Visitor Economy
Project Name Region Year Amount Funded
Bendigo Airport Upgrade (Stage 2) Loddon Campaspe 2012 $4,700,000
Ararat Arts Precinct Redevelopment Central Highlands 2015 $5,200,000
Loddon Council: Wedderburn Streetscape Improvement Project Loddon Campaspe 2015 $1,490,000
Geelong Performing Arts Centre (GPAC) Stage 2 - Ryrie Street Redevelopment Project Barwon 2015 $30,000,000
Mangalore Airport Expansion Goulburn 2016 $327,450
Mildura Airport (YMIA) Runway 09-27 Extension Project Mallee 2016 $5,000,211
Buloke Council: Charlton Park 2020 Multi-Purpose Facility Development Mallee 2017 $1,100,000
Wangaratta Council: Wangaratta Livestock Exchange Redevelopment Ovens Murray 2015 $500,000
Strathbogie Council: Euroa Saleyards Redevelopment Stage 2 Goulburn 2016 $500,000
Glenelg Council: Henty Employment Precinct Infrastructure Upgrade Great South Coast 2017 $1,500,000
Towong Council: Corryong Airport Precinct Development Ovens Murray 2016 $532,399
Eureka Stadium and Sports Infrastructure - CE Brown Reserve Upgrade Central Highlands 2015 $2,500,000
Ballarat Council: Eureka Stadium and Sports Infrastructure - Eureka Stadium Upgrade Central Highlands 2015 $15,000,000
Ballarat Council: Eureka Stadium and Sports Infrastructure - Ballarat Sports and Events Centre component Central Highlands 2016 $9,000,000
Horsham Council: May Park Revitalisation Project Wimmera Southern Mallee 2016 $312,000
Horsham Council: Horsham North Hub Wimmera Southern Mallee 2016 $1,000,000
Latrobe City Council: Latrobe Creative Precinct Gippsland 2016 $10,000,000
Warrnambool City Centre Renewal Great South Coast 2016 $5,000,000
Ballarat Station Precinct Redevelopment Central Highlands 2016 $25,480,000
Geelong Council: Leopold Community Hub Stage 2 Project Barwon 2017 $3,000,000
Mitchell Council: Wallan Town Centre Redevelopment Project Goulburn 2017 $1,500,000
Buloke Council: Donald Multipurpose Community Facility Redevelopment Mallee 2017 $1,000,000
Buloke Council: Major Towns Central Business Precinct Master Plan Project Mallee 2015 $26,600
Buloke Council: Donald Archives Museum Facility Upgrade Mallee 2015 $33,750
Buloke Shire: Foletti Park Upgrade Mallee 2015 $65,250
Benalla Airport Redevelopment Ovens Murray 2016 $500,000
West Wimmera Council: Kaniva Community Hub Wimmera Southern Mallee 2016 $495,000
Tourism North East: Enhancements to Murray to Mountains Rail Trail Ovens Murray 2016 $50,000
Hepburn Council: Access for (h)all - Glenlyon Hall Central Highlands 2016 $300,000
Northern Grampians Council: St Arnaud Streetscape Stage 6 Wimmera Southern Mallee 2016 $300,000
Corangamite Council: Timboon Streetscape Great South Coast 2016 $400,000
Ararat Council: Moyston Hall Redevelopment Central Highlands 2016 $330,000
Gannawarra Council: Renewal and Revitalisation of the Kerang Business Precinct Mallee 2016 $500,000
Hindmarsh Council: Riverside Holiday Park - Dimboola Wimmera Southern Mallee 2016 $320,000
Pyrenees Council: “Living Landsborough”- Landsborough Community Precinct Central Highlands 2016 $330,000
Northern Grampians Council: Lake Fyans South Bank Upgrade Barwon 2016 $187,500
Swan Hill Council: Boosting Boundary Bend Project Mallee 2016 $75,000
Swan Hill Council: Catalina Park Activation Mallee 2016 $297,000
Central Goldfields Council: Maryborough Princes Park Enhancement Loddon Campaspe 2016 $366,666
Macedon Ranges Council: Gisborne Retail Precinct Rejuvenation Loddon Campaspe 2016 $200,000
Moyne Council: Mortlake Streetscape Stage 2 Great South Coast 2016 $300,000
Great Ocean Road Coast Committee: Point Grey Precinct Redevelopment Business Case Barwon 2016 $40,000
Loddon Council: Bridgewater-on-Loddon River Precinct Upgrade Loddon Campaspe 2016 $300,000
Swan Hill River Walk Enhancement Stage 2 Mallee 2016 $256,500
Telephone Box Junction Hub Development Mt Stirling Ovens Murray 2016 $210,000
Castlemaine State Festival Ltd: Castlemaine Goods Shed Business Case and Design Study Loddon Campaspe 2016 $19,200
Strathbogie Shire Council: Avenel Hall Upgrade Goulburn 2016 $300,000
Alpine Better Places – Economic Rejuvenation for Bright Ovens Murray 2016 $500,000
Buloke Council: Advancing Intensive Agricultural Opportunities in the Loddon Mallee Region Mallee 2017 $50,000
Alpine Better Places - Economic Rejuvenation for Porepunkah Ovens Murray 2017 $500,000
Victorian Goldfields Railway Service Reorientation - Business Case and Design (Stage 1) Loddon Campaspe 2017 $35,000
Indigo Council: Chiltern Town Centre and Connectivity Ovens Murray 2017 $200,000
Macedon Ranges Council: Kyneton – Campaspe River Trail Improvement and Connections Project Loddon Campaspe 2017 $300,000
Wellington Council: Loch Sport Foreshore Redevelopment Gippsland 2017 $175,000
Pyrenees Council: Moonambel Water Supply Concept Design Central Highlands 2017 $50,000
Macedon Ranges Council: Romsey Streetscape and Access Project Loddon Campaspe 2017 $400,000
Yarriambiack Council: Woomelang Shopping Precinct Upgrade Wimmera Southern Mallee 2017 $100,000
Towong Council: The Great River Road Ovens Murray 2017 $330,000
Sovereign Hill Museums Ass'n: Sovereign Hill By Day and By Night: Driving Regional Tourism Dispersal Central Highlands 2015 $8,000,000
Benalla Auto Club Inc: Winton Motor Raceway On Track For The Future Ovens Murray 2015 $1,000,000
Shepparton Council: Shepparton Art Museum Goulburn 2016 $10,000,000
Baw Baw Council: West Gippsland Arts Centre, Warragul: Redevelopment and Seating Capacity Expansion Project Gippsland 2016 $4,000,000
Royal Geelong Yacht Club Inc: Geelong Waterfront Safe Harbour Precinct Public Access and Infrastructure Development Barwon 2016 $2,000,000
Parks Victoria: Grampians Peaks Trail - Stage 2 Wimmera Southern Mallee 2016 $20,200,000
DELWP: Harcourt Mountain Bike Park Loddon Campaspe 2016 $1,990,000
Mitchell Council: State Motor Sports Complex at Broadford - Stage 2 Feasibility Study for expansion Goulburn 2016 $1,490,000
Yarriambiack Council: Minyip and Brim Streetscape and Travellers Rest Upgrade Wimmera Southern Mallee 2015 $130,500
Wimmera Development Association: Strategic Plan 2016-2020 Wimmera Southern Mallee 2016 $23,000
Wheatlands Warracknabeal Agricultural Machinery Museum Redevelopment Wimmera Southern Mallee 2015 $100,000
Yarriambiack Council: Walking Tracks Construction Wimmera Southern Mallee 2015 $112,200
Hepburn Council: Resurrection of Lake Daylesford Central Highlands 2016 $250,000
Pyrenees Council: Sustainable Community Hubs Central Highlands 2018 $230,000
Hepburn Council: East Street Heavy Vehicle Access Improvements Central Highlands 2017 $400,000
West Wimmera Council: Lake Charlegrark Precinct Development Wimmera Southern Mallee 2018 $200,000
Campaspe Council: Rochester Market Reserve Project Loddon Campaspe 2018 $151,000
Ararat Council: Ararat Freight and Logistics Study Central Highlands 2016 $95,671
Bass Coast Shire Council: Revitalisation of the Cowes Precinct - Delivering on the Phillip Island Vision for the Future Gippsland 2017 $1,800,000
Victorian Rail Track: Bendigo Tramways Development Loddon Campaspe 2019 $416,800
Moira Council: Cobram Revitalisation and Liveability Goulburn 2019 $500,000
Towong Council: Upper Murray Events Centre Ovens Murray 2019 $800,000
Warrnambool Council: Reid Oval Redevelopment Great South Coast 2019 $2,000,000
Ballarat Council: Eureka Stadium and Sports Infrastructure - Relocation of Ballarat Showgrounds Central Highlands 2018 $5,000,000
Borough of Queenscliffe: Queenscliffe Hub Barwon 2018 $2,550,000
Blackwood Crown Reserve Committee of Management: Blackwood Hall Upgrade Central Highlands 2016 $50,000
Borough of Queenscliffe: Economic Development Strategy for the Borough of Queenscliffe Barwon 2016 $40,000
  • This may not be a comprehensive listing of all announced funding through the Regional Infrastructure Fund
  • CiC indicates the project funded amount is Commercial or Cabinet in Confidence
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