Grants of up to $50,000 are being offered to tempt hospitality businesses to set up shop in Frankston.

The State Government grants are part of a program to transform Station St Mall into Frankston’s new “eat street by attracting destination hospitality outlets that will draw residents, workers and visitors to gather and socialise during the day, in the evenings and across weekends”.

At least three grants of up $50,000 will be issued by the Government to attract businesses “with a clear point-of-difference”.  These could include (but not be limited to) a “landmark” restaurant that offers “a truly unique dining experience - it will be a restaurant that will become synonymous with Station St”; a wine bar, brew house (microbrewery) or entertainment venue that offers associated dining; and a “high-quality franchise with a clear point-of-difference that will attract significant foot traffic to the street”.

The grants are designed to financially assist the transformation of properties in Station St Mall into destination hospitality outlets and can only be lodged for properties in the mall by prospective tenants in partnership with the property’s landlord.  The value of the grant is required to be matched by either the landlord or tenant by way of investment in the property. 

Applications can be made at any time until the funding allocation for the grants program is exhausted.  

Applications will only be accepted online at frankston.smartygrants.com.au/eatstreet