Business and commercial

A thriving local economy benefits everyone – creating jobs, attracting visitors and supporting the businesses that make our city vibrant. Our business and commercial initiatives are designed to give traders the tools, funding and connections they need to grow, while boosting opportunities for the wider community. 

From grants that drive innovation and create local jobs, to trader support networks, major destination events and regional advocacy, these initiatives strengthen our economy and showcase Frankston as a dynamic place to do business. Together, they help build prosperity that flows through to households, workers and community life.

Business Grants

Funding: $30,000 of additional funds 

This year, Frankston City Council has provided an additional $30,000 to the Business Grants program, bringing the total pool to $180,000. The program is designed to boost local business growth, create jobs, support relocation and drive innovation across Frankston City’s retail, commercial and industrial precincts. 

Businesses in manufacturing, retail, health, professional services and hospitality can apply for grants of $5,000–$20,000 (on a reimbursement basis). Funding can be used for a wide range of initiatives, such as: 

  • Purchasing new equipment or technology to improve efficiency 
  • Expanding or relocating within Frankston City 
  • Shopfront upgrades and accessibility improvements 
  • Sustainability and energy-saving initiatives 
  • Staff training, development and local employment pathways 

By investing in local enterprises, these grants help businesses expand and thrive – strengthening our economy and creating more opportunities for the Frankston community. 

Check your eligibility 

Applicants are required to read the business grant guidelines(PDF, 20MB) before applying and it is recommended relevant quotes be obtained before applying 

How to apply  

Applications can be made online via the SmartyGrants portal.  

For 2025-2026, Stage 1 applications will open 11 August and close 22 August 2025. Eligible applicants will be invited to apply for Stage 2 from 4 September 2025.  

Find out more information, visit the Frankston City Small Business Grants page.

Trader Assistance Directory

Funding: $5,000 

Launching in September 2025, the Trader Assistance Directory is a quick-reference guide designed to help local traders find the right support when they need it. It includes key agency contacts for community safety, community services and business assistance – making it easier for businesses to access information, respond to issues and stay connected with support networks. 

Come back in September for more information.

Frankston Business Collective

Funding: $150,000 (2025-2026), $75,000 (2026-2027) and $15,000 (2027-2028)

 Established by Council in 2022, the Frankston Business Collective is an independent network helping local businesses connect, share insights and strengthen their collective voice.  

Council is committed to its success, providing $240,000 from 2025–2028 to support high-quality workshops, training, events and advocacy. This funding will give the collective certainty as it works towards becoming financially self-sustainable, ensuring Frankston businesses continue to have the tools and connections they need to thrive. 

Committee for Frankston & Mornington Peninsula

Funding: $15,000 per year for three years (2025-2028) 

The Committee for Frankston and Mornington Peninsula is a leading voice seeking to influence positive long-term outcomes across the region. 

This funding allows Council to continue being a paying and contributing member of the Committee, alongside other key regional stakeholders such as Mornington Peninsula Shire Council, peak sporting and business associations, small to large local businesses, not for profits and more.

Destination events and tourism

Funding: $60,000 of additional funds 

We’ve increased funding for our Destination Events Attraction Program (DEAP), adding $60,000 to bring the total investment to $310,000. This means even more exciting festivals and experiences for Frankston, with favourites like the Carlsberg Beach Club, Sand Sculpting Championships and Swim Classic returning, plus bold new events on the way. These attractions don’t just create unforgettable moments – they also strengthen Frankston’s $180 million visitor economy and support local jobs.

 

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