STATE Treasurer Tim Pallas has used a trip to Colac to meet with Bulla officials and staff to talk about a State Government industry fund.
Mr Pallas visited the dairy processor’s Forest Street Innovation Centre on Friday and met with chief executive officer Allan Hood and company director James Downey along with three employees.
The state MP spoke to the Bulla representatives about the State Government’s $200-million Future Industries Fund which aims to help growth in industry sectors including medical technologies and pharmaceuticals, new energy technologies, transport, defence and construction technologies, international education, professional services, and food and fibre.
Mr Pallas said the fund could help Colac businesses expand and create more jobs in the region.
“We’re seeing the unemployment in this area, the Colac Otway area, halve and the future is looking good for this community and this company,” he said.
“It’s been put in place to assist with the development with those six vital industries that over the last decade show us where the growth is coming in, in employment, in the community.
“It will mean when businesses have their proposals ready they won’t be on their own.
“It will mean the government is there to help to work with them and to assist them with not only helping the improvements in their product line, but helping them capture the markets.”