Regional Growth Fund: Initial Applications Open
The Regional Growth Fund provides grants of $10 million or more for projects which support long-term economic growth and create jobs in regions.
On 2 March 2018 the Hon Dr John McVeigh MP, Minister for Regional Development, Territories and Local Government, announced the opening for Initial Applications to the $272.2 million Regional Growth Fund.
The Regional Growth Fund will provide grants of $10 million or more for major transformational projects which support long-term economic growth and create jobs in regions undergoing structural adjustment.
Projects must be located in Australia and in an eligible area or, if your project is located in an excluded area, you must clearly demonstrate how economic benefits flow directly into an eligible area. A mapping tool is available to assist applicants determine the project or benefit location.
Applicants need to be aware that there is a two stage selection process.
Stage One requires the submission of an Initial Application for competitive assessment.
Stage Two is for the submission of a Full Business Case. Only successful applications to the Initial Application will be invited to submit a Full Business Case.
Applications are now open and will close at 5:00pm AEST on 27 April 2018.
For further information visit: http://regional.gov.au/regional/programs/regional-growth-fund.aspx