Regional Growth Fund Applications Open

On 2 March the Minister for Regional Development, Territories and Local Government announced opening for Initial Applications to $272.2M Regional Growth Fund.

australiaThe 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. Selection of projects will be undertaken in two stages. Stage One requires 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.

Initial Applications are now open.

Initial Applications will close at 5pm AEST on 27 April 2018.

Source: Dept of Infrastructure, Regional Development and Cities