Regional Infrastructure Fund

Regional Infrastructure Fund

Up to $500,000 is available from the Regional Infrastructure Fund to improve productivity and liveability of Victoria by funding major infrastructure projects.

Regional Infrastructure Development Fund

 

Need Infrastructure Funding?

Call 1300 658 508

 

Regional Infrastructure Fund

The Regional Infrastructure Fund provides funding to improve local infrastructure and services, creating jobs and boosting business opportunities within Regional Victoria and is delivered by Regional Development Victoria (RDV).

 

Priority Areas

In the past, the Regional Infrastructure Development Fund has focused on six priority areas:

  • Tertiary education;
  • Sustainable industries;
  • Industry investment and development;
  • Tourism;
  • Transport and access; and
  • Community and cultural infrastructure.

 

Success Stories

Greater Shepparton City Council

Bulletpoint assisted the Greater Shepparton City Council to receive $7.19 M towards the Greater Shepparton Regional Sports Precinct.

This project will substantially expand the capacity of the 65 hectare Greater Shepparton Regional Sports Precinct (GSRSP) by building new fields and facilities for a range of sports. It will provide modern infrastructure for the site, including a linking boulevard, fencing, landscaping, playgrounds,signage, car parks, traffic signals and supporting works.

The project will include construction of five new football fields, a new synthetic hockey pitch and athletics track, and eight new netball courts, together with upgrades to existing multipurpose fields. New lighting, pavilions and improved spectator amenities feature in most elements of the project.

Background

The Regional Infrastructure Fund is the main infrastructure program of the Regional Jobs and Infrastructure Fund (RJIF). It aims to harness key regional strengths to improve regional Victoria’s productivity and liveability. It invests in major infrastructure projects that create or enhance the conditions for economic growth, and build diversified and sustainable regional economies that are resilient to change.

 

Program Streams

The Regional Infrastructure Fund provides public grant funding for the following four program streams:

Visitor Economy
This program stream aims to harness the economic strength of regional Victoria’s visitor economy. It will create new or redevelop existing tourism and cultural assets that improve the attractiveness of regional Victoria and stimulate increased visitation and private sector investment. These projects will diversify regional Victoria’s economic and social base.

Productive and Liveable Cities and Centres
This program stream aims to stimulate new investment opportunities and jobs growth. It aims to increase the use and dollar-spend within regional Victorian cities, centres, towns and precincts as well as improve access and connectivity to transport, retail and service hubs. Projects supported under this program stream will coordinate a number of economic and social services and activities and create or enhance economic growth conditions.

Enabling Infrastructure
This program stream supports regional industries to innovate, build resilience and improve adaptability to changing economic and environmental conditions. This program stream recognises that investments in strategic and enabling infrastructure are critical to providing a competitive environment for existing and emerging regional industries to operate in.

At the same time, they help unlock the region’s growth potential.

Rural Development
This program stream will assist rural Victorian businesses and communities to create opportunities for economic growth. It will also assist in enhancing the appeal and liveability of rural towns and surrounding areas by improving local infrastructure.

 

Eligible Projects

Regional Infrastructure Fund applications will need to demonstrate the proposed project’s ability to meet a significant number of criteria.

Some of the criteria for assessment of Regional Infrastructure Fund may include:

  • Does the proposed project attract new investment, or complement other investments in your region?
  • Demonstrate how the proposed project will create new jobs
  • Show how the proposed project facilitates the integration of your region into global markets, including opportunities for exports or import replacement.
  • Identify any other ways in which your project will stimulate or maintain economic growth in your region
  • Demonstrate how the proposed project enjoys relevant local community and/or industry support.
  • Show how the proposed project is consistent with ESD during construction and operational phases
  • Indicate how the proposed project will contribute to or build on identified key regional strengths and how it adds value and benefit to existing products and services.
  • Demonstrate how the proposed project provides an adequate social return to the community, and indicate who else will benefit from this project.
  • Show how the proposed project is consistent with objectives and key outputs of local or regional economic development strategies, including Municipal Strategic Statements
  • State how the proposed project is consistent with the Victorian Government’s stated policy commitments to regional Victoria.
  • Identify project risks and how these are to be managed
  • Demonstrate that your project is financially viable in construction and operation.
  • Identify the opportunities for increasing the skills of Victorians and Australians and the potential to undertake innovation, research and the development of technology.

 

Eligible Applicants

Regional Infrastructure Fund applications will be considered from:

  • private sector businesses and agencies
  • business and industry groups including:
    • chambers of commerce and business associations
    • industry peak bodies
    • business and industry clusters
  • local government authorities
  • government departments and agencies
  • not for profit organisations and community groups that:
    • are an incorporated body, cooperative, or
    • 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
  • higher and other education institutions Individuals are not eligible to apply.

 

Timing

Regional Infrastructure Fund applications open on an ongoing basis.

 

Need Infrastructure Funding?

Call 1300 658 508

 

Latest Recipient

Minister for Regional Development, Jaala Pulford, visited Euroa today to officially open the Euroa Conference and Function Centre and reaffirm the Labor Government’s $500,000 commitment to upgrade the Euroa Saleyards.

The Euroa Conference and Function Centre project has seen a small community space transformed into a multipurpose venue to support the local community and the region’s food, wine, equine and tourism industries.

The revamped centre will be a vital economic asset in the region and has already proved valuable by engaging local contractors during its construction.

Visiting the Euroa Saleyards, Ms Pulford said the Labor Government’s $500,000 commitment for the second stage of the upgrade would support jobs and drive economic growth across the region.

Each of the 14 annual sale days currently generate up to $2 million and employ about 25 local people, generating $77,000 in indirect annual benefits for local businesses.

The Stage 1 upgraded was funded by the Strathbogie Shire Council and included partial roofing and improving stock pens.

Stage 2 will be delivered through the Labor Government’s Regional Infrastructure Development Fund  and will support additional work including relocation of power lines, further upgrades to the yards, and finalising all roofing.

 

Previous Recipients

Applicant Project Name Grant
Midfield Meat International Midfield Group Capacity Upgrade $1,500,000
ViPlus Dairy ViPlus Toora Milk Plant Development – Stage 2 $1,500,000
W. Ryan Abattoirs Ryan Export Upgrade Project $1,375,000
Parks Victoria Grampians Peaks Trail – Stage Two $1,200,000
Tatura Abattoirs Tatura Abattoirs Expansion Project $1,200,000
Phillip Island Nature Parks Australia Nobbies and Summerland Peninsula Tourism Expansion Project $1,200,000
Pactum Dairy Group Pactum Dairy Group (PDG) Future Ready $1,000,000
Unilever Australia Trading Unilever Tatura Investment Project $879,930
Deakin Residential Services Student Housing – Geelong $853,710
Workco Upgrade of Longerenong College Student Residential Facilites $666,667
Murray Dairy Murray Dairy Accelerating Change $485,969
Alysium Gardens Alysium Gardens Aged Care $420,000
Brandy Creek Winery & View Cafe Brandy Creek Spa and Wellness Centre $250,000
Pactum Dairy Group Ultra High Temperature Dairy Milk Processing Plant $250,000
Australian Fresh Salads Vegetable Processing Expansion Project $200,000
Kagome Foods Australia Installation of a Permanent Beetroot Line $200,000
CTE-Custom Transport Equipment CTE – Weerong Road Expansion $200,000
Gippsland Body Builders Darcan Way Expansion and Equipment Upgrade $150,000
Australian Trailer Manufacturers Relocation & Expansion of Australian Trailer Manufacturers $150,000
Gibsons Groundspread Gibson Ground Spread Expansion Project $150,000
Maffra Farmhouse Cheese Soft and Club Cheese Production Expansion Project $150,000
Park Avenue Clean Room Laundry Expansion $150,000
Safetech Tieman Solutions Safetech Capacity Expansion $150,000
Riviera Farms Infrastructure & Processing Expansion Project $135,000
K & R J Matthews Quarries Tyers Quarry Plant Upgrade $100,000
Barolli Orchards Barolli Export Expansion Opportunity Project $90,000
Casalare Kyabram Food Packing and Filling Facility $72,000
ACN Orchards ACN Orchards Export Opportunity Expansion Project $60,000
Boumbis Operations Boumbis Orchards Export Expansion Opportunity Project $60,000
Latrobe Valley Bus Lines Latrobe Valley Bus Lines Workshop and Body Shop Upgrade $50,000
Latrobe Valley Sands Latrobe Valley Sands Expansion Project $50,000
Spectrum Sales Spectrum Outbound Sales $50,000
Toolamba Fresh Toolamba Fresh Expansion Project $30,000
2017-10-04T14:40:52+00:00October 4th, 2017|