Frankston Business Chamber has welcomed a three-year funding commitment from Frankston City Council, with support to taper each year as the organisation works toward financial independence by 2028.
The agreement provides $150,000 in 2025-26, followed by $75,000 in 2026-27 and $15,000 in 2027-28, subject to agreed terms and performance measures. Council’s own local support material lists the funding as part of its business and commercial support package, with the money intended to support workshops, training, events and advocacy.
The commitment was reaffirmed following Monday night’s council meeting and places the Chamber among several business and economic development initiatives supported through Council’s broader local support package.
Council has described that package as a $1.7 million program aimed at residents, businesses and community groups facing cost-of-living and operating pressures.
Pathway Towards Independence
While the first year of funding provides the strongest level of support, the agreement is structured to reduce significantly over the following two financial years.
The stepped-down model gives the Chamber a transition period to continue its programs while building a more self-sustaining financial model.
Frankston Business Chamber Chief Executive Officer Bernadine Geary said the funding recognised the importance of supporting local business during a period of economic change.
“This ongoing commitment from Frankston City Council demonstrates the value placed on supporting local business and strengthening the economic future of our region.”
Ms Geary said the Chamber would use the funding to continue delivering programs, networking opportunities, advocacy initiatives and business support.
“The Chamber exists to connect, advocate and educate, and this funding allows us to continue delivering meaningful programs, networking opportunities, advocacy initiatives and business support that directly benefit our members and the wider business community.”
Business Support In Focus
Council has previously said its 2025-26 Budget includes new investment and long-term support for local business and industry, including business grants, waived service charges and support for local partnerships.
For the Chamber, the agreement provides funding certainty while it continues to expand education, mentorship, advocacy and business development opportunities across Frankston and the broader region.
Ms Geary said the organisation had seen increased engagement from businesses across Frankston and the Mornington Peninsula.
“We are seeing businesses increasingly looking for connection, collaboration and practical support. This partnership allows us to continue evolving and delivering initiatives that help local businesses thrive.”
Frankston Business Chamber Chair David Friend said partnerships between local government and business organisations were important for regional economic strength.
“When business succeeds, communities succeed. This partnership reflects a shared vision for a stronger and more resilient local economy.”
The Chamber thanked Frankston City Council for its continued support as it works toward expanding its role across the region and transitioning toward financial independence by 2028.
