finance

Broadmeadows Small Businesses Secure Funding and Upgrades for Growth

Funding and facility upgrades create pathways for local entrepreneurs in key precincts.

By Broadmeadows Business Desk · Published 25 July 2026

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Hume City Council will receive up to $250,000 in state funding under the Multicultural Business Precinct Revitalisation Program to upgrade shopping strips along Barry Road, Olsen Place and Mahoneys Road.

Upgrades to Local Shopping Strips

The allocations form part of a broader $6 million state program aimed at revitalising multicultural business areas. These works target three specific Broadmeadows strips and are intended to improve conditions for the small businesses already operating there.

Conversion of Town Hall into Mixed-Use Facility

The Broadmeadows Town Hall is undergoing conversion into a $20 million mixed-use facility that will include affordable office spaces and an incubator for small business owners. The project draws on $13 million in council funding and $7 million in state investment, directly expanding the supply of low-cost premises available to start-ups and sole traders.

Existing Support at StartNorth and Broadmeadows Central

StartNorth, the council’s low-cost coworking space for small businesses and sole traders, already operates in Broadmeadows and offers immediate access to shared facilities. Broadmeadows Central, located at the intersection of Pascoe Vale Road and Tanderrum Way, functions as a sub-regional retail centre that serves as a hub for many of the area’s small businesses.

Broadmeadows records one of the highest unemployment rates in Victoria. This context has driven the current round of government initiatives focused on job creation and small business start-ups through targeted revitalisation projects.

Local operators can review eligibility for the new incubator spaces at the former Town Hall site and explore StartNorth for immediate coworking options. Details on the shopping strip upgrades and the Multicultural Business Precinct Revitalisation Program are available through Hume City Council channels.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.