The Regional Tourism Investment Fund 2024 will support new and innovative tourism infrastructure projects in regional and rural Victoria that will increase year-round visitation, improve the quality of experiences and increase visitors’ length of stay.

The fund provides grants of up to $5 million per project, with a minimum funding amount of $100,000 per project. Funding is focused on the 5 product priorities identified in Experience Victoria 2033 – First Peoples’ led experiences, wellness, arts and culture, food and drink and nature.

The fund will deliver 3 grant streams:

• Stream 1 — Small-scale projects: between $100,000 and $1 million
• Stream 2 — Large-scale projects: between $1,000,001 and $5 million
• Stream 3 — Accommodation uplift: between $500,000 and $2 million.

Applicants can only submit one application for either Stream 1, 2 or 3.

Grants between $100,000 and $5 million are open to tourism businesses, not-for-profit and Traditional Owner organisations.

The Fund is guided by the five priorities identified in the Experience Victoria 2033 strategic plan – First People’s led experiences, wellness, arts and culture, food and drink, and nature.

Applications for the Regional Tourism Investment Fund are open from Thursday, 16 May 2024 until Friday, 19 July 2024