The City of Melbourne’s newest entity, Invest Melbourne, has hit a key milestone as it establishes an independent advisory body to attract significant business investment.
Invest Melbourne CEO Peter Armstrong said the new entity was set up to immediately respond to the economic impacts of COVID-19 and cement the city as a key investment destination and an easy place to start and grow a business.
“We know COVID-19 has had a significant impact on Melbourne’s economy, and we’re committed to doing everything we can to attract investment and support business owners so the city bounces back stronger than ever,” he said.
Invest Melbourne will:
- facilitate new investment proposals
- attract global headquarters, research and development centres and projects of capital city significance
- streamline business processes to make it easier for the business community to operate in and with the city.
“We are now looking for people with extensive commercial and business experience to join our inaugural independent advisory board,” Mr Armstrong said.
“Invest Melbourne’s advisory board will provide expertise on the delivery of business development initiatives to attract domestic and foreign direct investment and opportunities of state significance.
“The board will also champion Invest Melbourne to local and international business communities, and bolster relationships with government departments, industry associations and key stakeholders.”
The Invest Melbourne board will be made up of external candidates and City of Melbourne representatives. Board members will be appointed for an initial two-year term.
