Murrindindi Shire to consider a proposed ‘Business and Tourism Innovation Grants’ policy at the January 24 Council meeting in Yea.
Funding of up to $50,000 (per application) will be made available from an pool of $280,000 this (2017-18) financial year if the policy is passed.
Murrindindi’s Infrastructure and Development Services General Manager, Stuart McConnell, said the policy represents a fresh, strategic approach to attracting investment in Murrindindi [Shire] from new and existing businesses.
“Council’s ‘Have your Say’ campaign identified the importance to our communities of supporting businesses to invest and grow jobs and supporting increased tourism across the Murrindindi Shire,” McConnell said.
Staff explored options for a business grants program. The proposed model puts a range of grants in place if passed and includes assistance for businesses to access support services.
Financial support up to $50,000 for projects is proposed with the aim of increasing employment and investment in Murrindindi Shire.
“The idea is that this grant funding will help grow existing businesses, start businesses and support sustainable events that grow tourism. The grants could also assist with attracting new businesses or start-ups to the Shire,” McConnell said.
“We are excited by this proposal for investment in the future of Murrindindi Shire and its communities.
“If adopted by Council, the grants will be open to applications by mid-February for a four week period. The total funding pool for this financial year is up to $280,000. Any unallocated funds will be returned to Council’s Infrastructure Renewal Reserve to fund the long term renewal of our community assets.
“Assuming the policy is adopted by Council, the community can expect to hear more about this great initiative over the next few weeks – including about how to apply. Full details will be on our website,” McConnell said.
The proposed model also includes an updated funding model for tourism events.