Wednesday, May 29, 2024

Melbourne’s $900k boost to Business Precinct Program

City of Melbourne Council has announced a $900,000 boost to its Business Precinct Program to further support the city’s precinct associations.

Council says the Program provides annual funding for precinct associations to create opportunities for business networking, education and training, and initiatives to encourage visitation and local spending. 

“Precinct associations play a vital role in bringing business owners together to share ideas, build connections, and encourage spending in local neighbourhoods,” said Lord Mayor, Sally Capp.

 “We’ll continue to work closely with these precinct associations to leverage their energy and passion and support their programs which are all about backing local traders.”  

She said business precincts had played an important role in generating activity over the past 12 months, including Easter and school holiday activations in Kensington, retail-focused activations in Collins Street and cultural events in the Greek Precinct.  

Ten precinct associations will receive grants of up to $90,000 this financial year: 

  • Carlton Inc. 
  • City Precinct 
  • Melbourne Chinatown Association  
  • Collins Street Precinct Group 
  • Docklands Chamber of Commerce 
  • Greek Precinct Association 
  • Kensington Business Association 
  • Melbourne City North Business Association 
  • North & West Melbourne Precinct Association 
  • Yarra River Business Association.   

The Melbourne Chinatown Association is a new association being funded by Council for the first time as it rolls out a range of new events and activities. 

“Our Business Precinct Associations are an important forum for local traders to meet, exchange ideas, promote their business and connect with Council,” said Business and Global Opportunities portfolio lead Councillor, Kevin Louey.

“We’re recognising their invaluable work through our Business Precinct Program – providing funding to ensure they can continue to thrive and stimulate economic activity in every corner of our municipality.” 

For more information on the Business Precinct Program, visit the City of Melbourne website

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