The Regional Infrastructure Fund (RIF) is now open, and focusses 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.
RIF is a key component of the Regional Jobs and Infrastructure Fund (RJIF), the Victorian Government’s flagship regional development fund central to driving growth and recovery in rural and regional Victoria. RJIF has been allocated $30 million in 2022-23 to leverage private sector investment, grow and diversify our regional economy, and improve economic and social outcomes to make regional Victoria an even better place to live, work and invest.
RJIF supports regional communities in their immediate response and recovery efforts, seeks to address complex local challenges and enable opportunities for future growth. The impact of COVID-19 has seen increased numbers of people living and working in rural and regional Victoria. The Victorian Government recognises the ongoing opportunities to support our growing regions with the infrastructure communities need to thrive and attract a skilled workforce.
The objectives of the Regional Infrastructure Fund (RIF) are:
- To create and retain jobs in regional areas 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, towns or regions
- To increase economic and social benefits through investment in strategic and public enabling infrastructure
Funding requests will be considered between $20,000 and $3 million ex-GST.
Applications for 2022-23 funding are now open and close at 11.59pm 17 August 2022.
Read the Program Guidelines here to determine if you are eligible to apply.
Click here for more information.