Prime Minister Tony Abbott visited Ringwood last weekend to hand over a cheque for $3 million towards the Centre for Regional Knowledge and Innovation that will located at the redeveloped Eastland Shopping Centre.
The project will be located at Realm in the Ringwood Town Square precinct at Eastland. Realm will be Maroondah City Council's community facility featuring a new library, learning and cultural centre.
The funding has been provided through the Commonwealth Government's National Stronger Regions Fund.
Federal Member for Deakin, Michael Sukkar said the project, a partnership between Maroondah City Council, Eastland-owner QIC and the Commonwealth Government, highlights how the private sector and different levels of government can work together.
"The Centre for Regional Knowledge and Innovation will provide local small businesses and entrepreneurs with support in growing their businesses and creating local jobs," he said.
"I am pleased to partner with the Maroondah City Council and QIC to deliver a project which will help our local small businesses and entrepreneurs, as well provide enhanced learning opportunities through a new library."