Victorian Investment Fund
Driving economic growth in rural and regional Victoria by attracting and securing business investment to support innovation and job creation
Overview
The Victorian Investment Fund builds on the Economic Growth Statement to boost business investment across the state.
A dedicated $50 million regional stream of this fund supports fast growing businesses to enhance economic development, generating capital investment and new jobs in regional cities and towns.
Investments through the fund will complement our other investment initiatives outlined in the Economic Growth Statement, including unlocking industrial land and offering businesses and investors a launching pad into the regional economy.
Disclaimer: Victorian State Election
As the Victorian State election will be held on Saturday 28 November 2026, the Victorian Government will assume a caretaker role from 6.00pm on 3 November 2026 until such time that either it becomes clear that the incumbent government will be returned, or when a new government is commissioned.
In line with the caretaker conventions, the incoming government will determine whether to proceed with this grant process and award the grants after the caretaker period.
Applicants should be aware that:
- all information about this grant process represents the position of the current government only, and is subject to change
- the incoming government may decide to not proceed with this grant process.
Objectives of program
The Victorian Investment Fund:
- supports the growth of priority industries across the regions
- helps businesses to expand
- secures regional supply chains.
Five priority sectors have been identified that will continue to form a strong backbone for the Victorian economy.
These include:
- advanced manufacturing and defence
- health technologies and medical research
- circular economy projects
- digital technologies
- agribusiness.
By opening the door to investment and innovation, building new skills and reaching every corner of Victoria – we will turn the dial up on these high-potential sectors.
In doing so, we will help to position our regions as the ideal place to invest and do business.
Funding details
Contact your local RDV Office to discuss potential funding opportunities for your project.
Projects funded by this program
| Project name | Region | Year | Amount funded |
|---|---|---|---|
| Avalon International Terminal - Enabling Infrastructure | Barwon South West | 2026 | CiC |
| Bates Pipes - Advanced Manufacturing Capacity Expansion Project | Barwon South West | 2026 | CiC |
| Beavertail Trailers - Business Expansion | Grampians | 2026 | CiC |
| Bentrol - Manufacturing Facility Expansion | Loddon Mallee | 2026 | CiC |
| CMTP - Pre-fab Modular Housing Manufacturing Project | Barwon South West | 2026 | CiC |
| Drouin West Timber & Truss - Robotic Work Cell | Gippsland | 2026 | CiC |
| Exotic Bazaar Pty Ltd - Establish Manufacturing in Ballarat | Grampians | 2026 | CiC |
| Genertech - Onshoring Wind Generation Capability | Gippsland | 2026 | CiC |
| Goulburn Valley Creamery Pty Ltd - Lactose Standardisation System & High Solids Evaporator | Loddon Mallee | 2026 | CiC |
| Grand Ridge Investments - Cottage Garden Threads Expansion | Gippsland | 2026 | CiC |
| Grape Co Australia - Table Grape Punnet Packing Line Upgrade | Loddon Mallee | 2026 | CiC |
| Hazeldene’s - Water Upgrade & Capacity Building Project | Loddon Mallee | 2026 | CiC |
| HealthRFID - Body Tracking Simulator Development | Barwon South West | 2026 | CiC |
| Katunga Fresh - Southern Greens - Katunga Lettuce Project | Hume | 2026 | CiC |
| Luv-a-Duck - Renew Nhill Productivity and Sustainability | Grampians | 2026 | CiC |
| M C Herd Pty - Beef Boning Room | Barwon South West | 2026 | CiC |
| Plastic Fabrications - Increasing Circular Manufacturing Production Capability | Gippsland | 2026 | CiC |
| Riviera Farms - Maffra Regional Processing Facility – Reactivation and Expansion Project | Gippsland | 2026 | CiC |
| Ryan’s Wholesale Meats - Goat Meat Expansion & Value Adding Line | Hume | 2026 | CiC |
| Southern Stockfeeds - Facility Upgrade | Loddon Mallee | 2026 | CiC |
| Springhill Farm Australia - Facility Upgrade | Grampians | 2026 | CiC |
| Sturgeon Equipment Pty Ltd - New advanced manufacturing facility | Barwon South West | 2026 | CiC |
| Tongala Nutrition - expansion and facility upgrade project | Loddon Mallee | 2026 | CiC |
| Unicraft Joinery - Finishing plant | Barwon South West | 2026 | CiC |
CiC indicates the project funded amount is Commercial or Cabinet in Confidence