The Victorian Government has launched the Multicultural Business Precinct Revitalisation Program alongside Australia’s first Good Practice Guide to support multicultural business precincts across Victoria. The initiative includes $4 million in grants, with up to $250,000 available per precinct for projects like public infrastructure upgrades, signage, art installations, and shopfront improvements.

The Good Practice Guide offers councils practical ideas such as cultural festivals, pop-up activations, and promotional campaigns to attract visitors and enhance community engagement. This is part of a broader $17 million investment aimed at strengthening multicultural traders and precincts.

With 56% of Victoria’s small businesses owned by people with at least one parent born overseas, the program highlights the vital role multicultural businesses play in job creation, cultural enrichment, and economic growth.

To learn more about the Multicultural Business Precinct Revitalisation Program, or to download the Good Practice Guide, visit business.vic.gov.au