Priorities and initiatives
The department oversees a number of projects to drive economic development and job creation in Victoria. Projects are being delivered across the creative industries, employment, innovation, investment attraction and facilitation, regional development and small business, tourism, and trade. Some of our current priorities and initiatives are highlighted below.
Visitor Economy Recovery and Reform Plan
The Visitor Economy Recovery and Reform Plan is underpinned by an investment of $633 million and serves as a whole-of-state strategy, with a goal of achieving $35 billion in annual visitor expenditure supporting 300,000 jobs by June 2024.
mRNA Victoria is responsible for establishing a mRNA and RNA industry in Victoria.
Yuma Yirramboi Strategy (Invest in Tomorrow)
Supporting the employment and economic prosperity of Aboriginal Victorians.
Cremorne Digital Hub
The Victorian Government is establishing a flagship digital hub in Cremorne which will anchor the ongoing development of a global innovation and technology precinct at Cremorne.
Economic and social value of Victoria's international education
Discover how Victroria's international education sector contributes to the state economy and social fabric.
SummerTech LIVE is a program bridging the digital skills gap for businesses and giving students and recent graduates invaluable on-the-job experience.
Innovation in Victoria
We have a globally competitive research and innovation ecosystem and the Innovation Statement is a plan that will shape our future, keep our state at the forefront of innovation and create jobs now and for years to come.
Creative industries strategy
Victoria’s first creative industries strategy puts creativity at the forefront of the state’s future growth, prosperity and liveability, with more than $115 million in new funding.
A highly sought after destination for medical technology and pharmaceuticals R&D and manufacturing, Victoria is well placed to develop solutions to improve healthcare globally.
Sick pay guarantee
The Victorian Sick Pay Guarantee is an initiative giving Victorian casual and contract workers in certain jobs up to 38 hours a year of sick and carer’s pay.