Fast food chains like McDonald's will not be excluded from forming partnerships with Victorian schools, but the decision will be left to school authorities, Premier John Brumby says.
The Victorian government has unveiled an education blueprint which includes encouraging businesses to enter financial partnerships with government schools.
Mr Brumby said the program would not be a plank for promoting corporate interests.
"Those things are matters for school councils and principals, but if you're talking about is this as an opportunity for commercial promotion - it is not, it is clearly not," Mr Brumby said.
"This is where businesses, where industries, want to do more for the children. It is not an opportunity for businesses to use this as an opportunity to lever their products.
"So the core issue here is, is it in the interests of the child? Is it in the interests of the school? Will it add educational value? It's got to satisfy those tests."
The Blueprint for Education and Early Childhood Development also contains a funding pot of about $10 million to pay unhappy teachers to quit.
Education Minister Bronwyn Pike would not say how much individual teachers would be offered, only that the money was intended to help them to pursue alternative careers.
The blueprint includes a program to lure top university graduates from other disciplines into teaching, executive contracts for high-performing principals and investigating rewards and incentives for teachers.