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.
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.
The arts to deliver more visitors and jobs
A boost in jobs, tourism and the local economy will be delivered with the $39.9 million Shepparton Art Museum (SAM) redevelopmentView 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.
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:
Maximum funding ratios for co-contributions
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.
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.
- 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.
- 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.
Review the RIF Application Guidelines and application guidelines
Contact your local RDV office to discuss eligibility
Complete the funding application and submit with associated documentation
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|
|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|
|Charlton Park 2020 Multi-Purpose Facility Development||Mallee||2017||$1,100,000|
|Wangaratta Livestock Exchange Redevelopment||Ovens Murray||2015||$500,000|
|Euroa Saleyards Redevelopment Stage 2||Goulburn||2016||$500,000|
|Henty Employment Precinct Infrastructure Upgrade||Great South Coast||2017||$1,500,000|
|Corryong Airport Precinct Development||Ovens Murray||2016||$532,399|
|Eureka Stadium and Sports Infrastructure - CE Brown Reserve Upgrade||Central Highlands||2015||$2,500,000|
|Eureka Stadium and Sports Infrastructure - Eureka Stadium Upgrade||Central Highlands||2015||$21,976,000|
|Eureka Stadium and Sports Infrastructure - Ballarat Sports and Events Centre component||Central Highlands||2016||$9,000,000|
|May Park Revitalisation Project||Wimmera Southern Mallee||2016||$312,000|
|Horsham North Hub||Wimmera Southern Mallee||2016||$1,000,000|
|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||$27,720,000|
|Leopold Community Hub Stage 2 Project||Barwon||2017||$3,000,000|
|Wallan Town Centre Redevelopment Project||Goulburn||2017||$1,500,000|
|Donald Multipurpose Community Facility Redevelopment||Mallee||2017||$1,000,000|
|Buloke Major Towns Central Business Precinct Master Plan Project||Mallee||2015||$26,600|
|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|
|Kaniva Community Hub||Wimmera Southern Mallee||2016||$495,000|
|Tourism North East: Enhancements to Murray to Mountains Rail Trail||Ovens Murray||2016||$50,000|
|Access for (h)all - Glenlyon Hall||Central Highlands||2016||$300,000|
|St Arnaud Streetscape Stage 6||Wimmera Southern Mallee||2016||$300,000|
|Timboon Streetscape||Great South Coast||2016||$400,000|
|Moyston Hall Redevelopment||Central Highlands||2016||$330,000|
|Renewal and Revitalisation of the Kerang Business Precinct||Mallee||2016||$500,000|
|Riverside Holiday Park - Dimboola||Wimmera Southern Mallee||2016||$320,000|
|“Living Landsborough”- Landsborough Community Precinct||Central Highlands||2016||$330,000|
|Lake Fyans South Bank Upgrade||Barwon||2016||$187,500|
|Boosting Boundary Bend Project (Swan Hill)||Mallee||2016||$75,000|
|Catalina Park Activation (Swan Hill)||Mallee||2016||$297,000|
|Maryborough Princes Park Enhancement||Loddon Campaspe||2016||$366,666|
|Gisborne Retail Precinct Rejuvenation||Loddon Campaspe||2016||$200,000|
|Mortlake Streetscape Stage 2||Great South Coast||2016||$300,000|
|Point Grey Precinct Redevelopment Business Case||Barwon||2016||$40,000|
|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 Goods Shed Business Case and Design Study (Castlemaine State Festival Ltd)||Loddon Campaspe||2016||$19,200|
|Avenel Hall Upgrade||Goulburn||2016||$300,000|
|Alpine Better Places – Economic Rejuvenation for Bright||Ovens Murray||2016||$500,000|
|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|
|Chiltern Town Centre and Connectivity||Ovens Murray||2017||$200,000|
|Kyneton – Campaspe River Trail Improvement and Connections Project||Loddon Campaspe||2017||$300,000|
|Loch Sport Foreshore Redevelopment||Gippsland||2017||$175,000|
|Moonambel Water Supply Concept Design||Central Highlands||2017||$50,000|
|Romsey Streetscape and Access Project||Loddon Campaspe||2017||$400,000|
|Woomelang Shopping Precinct Upgrade||Wimmera Southern Mallee||2017||$100,000|
|The Great River Road (Towong)||Ovens Murray||2017||$330,000|
|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 Art Museum||Goulburn||2016||$10,000,000|
|West Gippsland Arts Centre, Warragul: Redevelopment and Seating Capacity Expansion Project||Gippsland||2016||$4,000,000|
|Geelong Waterfront Safe Harbour Precinct Public Access and Infrastructure Development||Barwon||2016||$4,000,000|
|Grampians Peaks Trail - Stage 2||Wimmera Southern Mallee||2016||$20,200,000|
|Harcourt Mountain Bike Park||Loddon Campaspe||2016||$1,990,000|
|State Motor Sports Complex at Broadford: Stage 2 Feasibility Study for the expansion||Goulburn||2016||$1,490,000|
|Minyip and Brim Streetscape and Travellers Rest Upgrade||Wimmera Southern Mallee||2015||$130,500|
|Wimmera Development Association Inc Strategic Plan 2016-2020||Wimmera Southern Mallee||2016||$23,000|
|Wheatlands Warracknabeal Agricultural Machinery Museum Redevelopment||Wimmera Southern Mallee||2015||$100,000|
|Yarriambiack Shire Walking Tracks Construction||Wimmera Southern Mallee||2015||$112,200|
|Resurrection of Lake Daylesford||Central Highlands||2016||$250,000|
|Sustainable Community Hubs (Pyrenees)||Central Highlands||2018||$230,000|
|East Street Heavy Vehicle Access Improvements||Central Highlands||2017||$400,000|
|Lake Charlegrark Precinct Development||Wimmera Southern Mallee||2018||$200,000|
|Rochester Market Reserve Project||Loddon Campaspe||2018||$151,000|
|Ararat Freight and Logistics Study||Central Highlands||2016||$95,671|
- 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