The Regional Jobs Fund looks to support projects which create employment opportunities across industry sectors where regional competitive advantage exists. This includes, but is not limited to:
- food and fibre
- advanced manufacturing
- professional services
- new energy technology
- medical technology, life sciences and healthcare
- transport, defence and construction technology.
Regional Jobs Fund guidelines
The Regional Jobs Fund is a competitive fund with applications received throughout the 2020-21 and 2021-22 financial years, or unless the funds are exhausted prior.
Objectives of the program
The Regional Jobs Fund provides Victorian Government financial assistance primarily to businesses seeking to develop and expand operations in regional Victoria.
The aim of the Regional Jobs Fund is to attract new investment, create new jobs, and in some cases retain existing jobs in regional Victoria and to support businesses to improve their productivity and competitiveness.
Who can apply?
The Regional Jobs Fund is primarily a regional business development program. Individuals are not eligible to apply under this
Applications will be considered from:
- private sector businesses
- business and industry groups including:
- chambers of commerce and business associations
- industry peak bodies
- business and industry clusters and networks.
Applications that involve the provision of enabling infrastructure necessary to activate projects delivering investment and jobs may be considered from:
- utility and services providers
- water corporations
- Local Government Authorities
- incorporated not-for-profit organisations operating businesses.
The Regional Jobs Fund program will consider the following types of projects resulting in the retention and creation of new jobs, development of business innovation and productivity, as well as the provision of utilities and infrastructure:
- investment projects where regional Victoria is in competition with interstate or international locations (i.e. footloose investments)
- projects attracting footloose capital into new and/or existing facilities
- investment to develop new facilities, expand existing facilities and repurposed facilities.
- projects that underpin the sustainability of businesses and the retention of jobs in regional Victoria
- projects introducing new technologies, plant and equipment and systems to improve productivity, competitiveness and business growth
- projects enhancing the skills of the workforce to raise productivity
the introduction of innovations, technologies, equipment and processes to develop and increase exports
- projects improving supply chain efficiencies through collaborative projects
- projects boosting the capacity of new and existing regionally significant employment precincts such as CBDs, health, education, innovation, industrial and special purpose precincts
- projects that involve utility and service connections and/or upgrades to activate business investment and create jobs (i.e. typically, consideration will be given to projects that require upgrades to electricity supply, gas supply, water supply and wastewater treatment services).
- projects that focus on water and energy savings that improve the operational sustainability of a business in a regional location such as solar and water recycling projects.
- Familiarise yourself with the Regional Jobs Fund guidelines
- Check you can demonstrate the project’s ability to address each of the core Regional Jobs Fund criteria
- Contact your local Regional Development Victoria office to discuss your application