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Regional Growth Fund now open

Regional Growth Fund Initial Applications are now open.

On 2 March 2018 John McVeigh, Minister for Regional Development, Territories and Local Government, announced the opening for Initial Applications for the $272 million Regional Growth Fund.

“The Regional Growth Fund will be a game-changer across Australia by unlocking government funding for projects that have the capacity to transform regional areas,” Dr McVeigh said.

“The Regional Growth Fund is an open invitation to everyone eligible who believes in regional and remote Australia to partner with the Coalition Government to support positive change for the future – I encourage regional communities to think big when it comes to projects.”

The Regional Growth Fund will provide grants of $10 million or more for major transformational projects that support long-term economic growth and create jobs in regions, including those undergoing structural adjustment.

To be competitive projects must score highly against all three criteria, including job creation, drive economic growth and build stronger regional communities.

“These grants present a great opportunity for projects within the Mid North Coast region to gain the funding they need to successfully launch, create employment and benefit local communities,” said Regional Development Mid North Coast, CEO Kerry Grace.

Selection of projects will be undertaken in two stages. Stage One requires submission of an Initial Application for competitive assessment.

Initial Applications are now open and close at 5pm AEST on 27 April 2018.

Stage Two is for the submission of a Full Business Case. Only successful projects from the Initial Application will be invited to submit a Full Business Case.

Requests for support for suitable projects can be requested from Regional Development Mid North Coast via emailing innovation@rdamnc.org.au or alternatively you can email the department at rda@infrastructure.gov.au

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