We know that when there is job loss in a community, local businesses can suffer too.
The Latrobe Valley Authority can support businesses to promote economic diversification and jobs growth in the Latrobe Valley.
Business transition support
We are working closely to support local businesses affected by the closure of Hazelwood power station to transition, strategise and diversify their operations.
This work is part of the $40 million Latrobe Valley Economic Development Program and is focused on retaining industry capability and jobs, leveraging the Valley’s competitive strengths, and supporting potential high growth sectors such as food and fibre, defence and health services.
Supply chain business support
Through the $5 million Hazelwood Supply Chain Transition Program, we are providing intensive tailored support to Latrobe Valley based businesses in the Hazelwood supply chain.
Business growth grants program
The $10 million Latrobe Valley Economic Facilitation Fund is for businesses in the Latrobe Valley to grow and create jobs.
Latrobe Valley Economic Growth Zone
Financial incentives are available for new and expanding businesses, including reimbursement of stamp duty on new commercial property transactions, and reimbursement of a range of state and local government fees and charges.
These financial incentives are available under the $50 million Latrobe Valley Economic Growth Zone which aims to create a better business environment for the Latrobe Valley, making it easier, faster and less costly to do business.
Find out more about the Economic Growth Zone, and accessing financial incentives your business may be eligible for.
Small Business Bus and business mentoring
Whether you’re planning, starting or growing your business, the Victorian Government’s Small Business Bus can help you to develop your business ideas and capabilities.
Small Business Bus is a ‘travelling office on wheels’ currently visiting the Latrobe Valley. Professional assistance from an information officer and advice from an experienced business mentor will be available on board. Mentoring sessions will also be delivered in council facilities.
Find out more about the Small Business Bus.
Hiring new staff
Under the Back to Work program support of up to $9,000 is available per worker for businesses who employ and train unemployed people who live in the Latrobe Valley.
For help navigating what options may be available to your business, contact the Latrobe Valley Authority on 1800 136 762 or pop in and see us at 131 Princes Drive, Morwell.