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Regional Infrastructure Fund

The Regional Infrastructure Fund Round Two seeks to assist the growth of rural Victoria by providing grants for infrastructure projects that have the potential to stimulate economic and community activity, including those that seek to support recovery from COVID-19 and other major economic challenges, in regional Victoria.


Bendigo airport

The Regional Jobs and Infrastructure Fund (RJIF) is one of the Victorian Government’s key regional development packages and will be crucial in driving recovery in rural and regional Victoria. It will create and retain jobs, leverage private sector investment, grow and diversify our significant regional economy, enable regional population growth, improve the liveability of our cities, centres and towns, and improve economic and social outcomes for over 1.5 million regional Victorians to make regional Victoria an even better place to live, work and invest.

The COVID-19 (coronavirus) pandemic has impacted all industries, regions, and communities. It has created significant new challenges for Victoria’s rural and regional communities and exacerbated some existing ones.

The Regional Infrastructure Fund Round Two (RIF R2) is a key component of the RJIF and will focus on priority projects to meaningfully support regional communities in their immediate response and recovery efforts, address complex local challenges and lay the groundwork for future growth.

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 R2 are:

  • to create and retain jobs and support regional economies and communities, including transition, diversification, and recovery efforts
  • to increase economic and social benefits through improved community access and usability of precincts, town, or region
  • to increase economic and social benefits through investment in strategic and public enabling infrastructure.

Funding Details

Funding requests will be considered between $20,000 and $3 million excluding GST.

Consideration may be given for projects deemed to be outstanding by the Victorian Government to access a grant of up to $5 million. These projects would need to clearly demonstrate significant leveraging of funding co‑contributions above the nominated funding ratios and/or deliver significant regional or cross regional benefits/transformative outcomes.

Infrastructure projects seeking funding will need to demonstrate how they will achieve one or more of the following:

  • improve the economic performance, potential and outcomes of a precinct, town, or region
  • 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 and visitor facilities
  • support cultural initiatives of economic significance to the region such as renewal of buildings and sites, arts and cultural centres or resource facilities.

Projects seeking funding will need to demonstrate how they will:

  • improve economic performance and growth (e.g. this may include supporting social procurement outcomes and/or for relevant projects supporting the objectives of the Growing Regional Opportunities for Work initiative)
  • 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
  • support economic transition, diversification, and recovery
  • 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 (e.g. via feasibility studies and/or business cases) that will sustain positive impacts.

Funding will be provided for projects that:

  • improve the economic performance, potential and outcomes of a precinct, town, or region
  • 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 and visitor facilities
  • support cultural initiatives of economic significance to the region such as renewal of buildings and sites, arts and cultural centres or resource facilities.

The following activities will not be considered:

  • early-stage project planning
  • project planning for infrastructure projects such as a feasibility study, a demand study, or a business case to enable prospective applicants to investigate the technical and or economic viability of an infrastructure project (design and construct projects may be considered)
  • local strategic planning including economic development strategies and plans for future growth and infrastructure needs
  • requests for retrospective funding, where projects have been completed or have started construction prior to receiving funding approval
  • ongoing operating costs or salary subsidies
  • private sector projects undertaken as a result of a government contract
  • projects where funding is normally provided by other state, Commonwealth or local government sources
  • projects requiring ongoing funding from the Victorian Government when completed
  • activities that are considered Local Government Authority core business
  • projects that are only purchasing plant and equipment
  • purchase of land.

Application eligibility

Projects delivered within the following locations can apply for funding, in accordance with relevant program eligibility criteria.

Regional Cities

Large Rural Councils

Small Rural Councils and Alpine Resorts

Greater Bendigo
Greater Geelong
Greater Shepparton

Bass Coast
Baw Baw
East Gippsland
Golden Plains
Macedon Ranges
Mount Alexander
South Gippsland
Southern Grampians
Surf Coast
Swan Hill

Central Goldfields
Northern Grampians
West Wimmera
Mt Baw Baw
Falls Creek
Mt Hotham
Mt Buller
Mt Stirling
Lake Mountain

Applications will be considered for projects from the following incorporated entities, individuals are not eligible to apply:

  • Local Government Authorities
  • Alpine Resorts Management Boards
  • business and industry groups including:
  • chambers of commerce and business associations
  • industry peak bodies
  • business and industry clusters and networks
  • incorporated not-for-profit organisations, including community groups that are
  • cooperatives or associations
  • social enterprise organisations

Councils can also sponsor (auspice) projects on behalf of the business and industry groups including:

  • chambers of commerce and business associations
  • industry peak bodies
  • business and industry clusters and networks
  • incorporated not-for-profit organisations and community groups that have an Australian Business Number (ABN) or can provide written advice from the Australian Tax Office that no withholding tax is required from the grant payment.

Application Process

The Regional Infrastructure Fund Round Two is an open competitive round.

Please contact your local RDV office to discuss your project and possible funding opportunities.

Please note: RIF R2 Application Guidelines will be available soon.

Step 1

Read the Application Guidelines (available soon) to establish eligibility and read the terms and conditions for the funding

Step 2

Contact your local RDV office to discuss the proposed project and express interest in applying

Step 3

Applicants apply for funding. An online link to an application form will be sent to the applicant by the relevant RDV regional office

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 $21,976,000
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 Council: Foletti Park Upgrade Mallee 2015 $65,250
Benalla Council: 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 Council: 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 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
Borough of Queenscliffe: Point Lonsdale Lighthouse Reserve Stage 1 Barwon 2017 $500,000
Ararat Council: Ararat On the Move - Alexandra Oval Redevelopment - Event & Visitor Space Central Highlands 2018 $500,000
Castlemaine State Festival Ltd: Castlemaine Goods Shed: Creative Industries Hub Central Highlands 2018 $500,000
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
Queenscliffe Council: 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
Colac Otway Council: Stage One Forrest Mountain Bike Revitalisation Project Barwon 2020 $500,000
Surf Coast Council: Connecting Torquay's Town Centre Barwon 2020 $500,000
Hepburn Council: Daylesford Aquatic and Civic Plaza Precinct Barwon 2020 $500,000
Central Goldfields Council: Central Goldfields Art Gallery Revitalisation Phase 1 Central Highlands 2020 $500,000
Golden Plains Council: Three Trails Project Central Highlands 2020 $500,000
Moorabool Council: The Bacchus Marsh 1000+ Central Highlands 2020 $500,000
Baw Baw Council: Rawson Skate Park and RV Park Gippsland 2020 $322,782
East Gippsland Council: Bairnsdale South Industrial Estate Water Augmentation Project Gippsland 2020 $500,000
South Gippsland Council: Great Southern Rail Trail Extension (Leongatha to Korumburra) Gippsland 2020 $500,000
Mitchell Council: Kilmore Township Sydney Road North Rejuvenation Goulburn 2020 $500,000
Shepparton Council: Linking Yanha Gurtji - RiverConnect Goulburn 2020 $500,000
Ararat Council: Ararat East Development Zone Road Realignment Integrated Planning Strategy Central Highlands 2020 $500,000
Corangamite Council: Timboon Town Centre Activation Great South Coast 2020 $300,000
Glenelg Council: Portland Bay Marina Extension Great South Coast 2020 $500,000
Moyne Council: Garvoc Community Hub Great South Coast 2020 $400,000
Southern Grampians Council: The Dunkeld Visitor Hub and Grampians Peaks Trailhead Great South Coast 2020 $500,000
Benalla Council: Visitors, Cinema, History - Co-location in Benalla Ovens Murray 2020 $500,000
Buloke Council: Brightening Broadway (Wycheproof) Mallee 2020 $450,000
Gannawarra Council: Koondrook All Abilities Play Facility Mallee 2020 $390,000
Mildura Council: Mildura Riverfront Powerhouse Redevelopment Mallee 2020 $500,000
Swan Hill Council: Vibrant Villages Mallee 2020 $500,000
Falls Creek Alpine Resort Management Board: Falls Creek Mountain Bike Park Stage 5 Ovens Murray 2020 $500,000
Indigo Council: Beechworth Precinct Renewal - Courthouse Kelly Trials Experience Ovens Murray 2020 $500,000
Moira Council: Bringing Big Business to Small Towns Ovens Murray 2020 $500,000
Towong Council: Tallangatta Holiday Park - Growing a Tourism Economy Ovens Murray 2020 $500,000
Wangaratta Council: Regional Activity Precinct Riverside Park Ovens Murray 2020 $500,000
Wodonga Council: Burraja Cultural and Environmental Centre redevelopment Ovens Murray 2020 $430,000
Horsham Council: City to River Transformation Stage 1 - Wimmera Riverfront Activation Wimmera Southern Mallee 2020 $500,000
Northern Grampians Council: Stawell Housing Development Wimmera Southern Mallee 2020 $500,000
West Wimmera Council: Activating the Edenhope Community Centre - Aspirations for Paradise (Hopes for Eden) Wimmera Southern Mallee 2020 $333,000
Yarriambiack Council: Home Is Where the Hall Is Wimmera Southern Mallee 2020 $438,035
Northern Grampians Council: Halls Gap Activation - Stage 1 Wimmera Southern Mallee 2018 $100,000
University of Melbourne: Stawell Underground Physics Lab Wimmera Southern Mallee 2019 $500,000
South Gippsland Council: Redevelopment Main Street Foster Gippsland 2018 $500,000
Golden Plains Council: Bannockburn Civic Heart Precinct - Stage 1 Central Highlands 2017 $500,000
Northern Grampians Council: Stawell CBD Revitalisation Wimmera Southern Mallee 2018 $500,000
Southern Grampians Council: Hamilton CBD Liveability & Economic Revitalisation Project Great South Coast 2018 $2,702,650
Wangaratta Council: Wangaratta Gateway Precinct Project Ovens Murray 2018 $2,500,000
Wodonga Council: Wodonga Library and Gallery Redevelopment project Ovens Murray 2018 $4,000,000
Northern Grampians Council: St Arnaud Civic Precinct Revitalisation - Stage 2 Wimmera Southern Mallee 2018 $200,000
Pyrenees Council: Activate Avoca - Stage 1 Central Highlands 2018 $500,000
Yarriambiack Council: Rupanyup Community Retail Hub Wimmera Southern Mallee 2018 $500,000
Moyne Council: Hawkesdale/Wangoom Halls Cluster Upgrade Great South Coast 2018 $307,500
Moyne Council: Reardon Theatre Upgrade Great South Coast 2018 $292,166
Worn Gundidj: Tower Hill Tourism Development Great South Coast 2017 $92,062
Mitchell Council: Improving Liveability - Better Parks for Seymour Goulburn 2018 $500,000
Murrindindi Council: Releasing the Floating City - Expanding the Houseboat Manufacturing Industry at Eildon Goulburn 2018 $500,000
Surf Coast Council: Torquay CBD Strategic Investment Facilitation Project Barwon 2017 $40,000
Moorabool Council: Business Case and Economic Analysis for Parwan Employment Precinct Central Highlands 2018 $30,000
Wildlife Wonders Ltd: Ecotourism for economic development and environmental conservation Barwon 2018 $1,500,000
Mount Alexander Council: Small Town Streetscape Project Loddon Campaspe 2020 $500,000
Wellington Council: Economic and Social Opportunities - Defence Expansion (AIR5428) Gippsland 2016 $30,000
Wimmera Development Association Inc: By Five Project Wimmera Southern Mallee 2021 $165,000
  • 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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