Round Three now open for National Stronger Regions Fund
15 January 2016
Joint release with:
Acting Prime Minister
Minister for Infrastructure and Regional Development
Applications are now open under Round Three of the $1 billion National Stronger Regions Fund for funding priority infrastructure projects in disadvantaged regional communities.
Acting Prime Minister and Minister for Infrastructure and Regional Development Warren Truss said Round Three is open to submissions from local governments and not-for-profits from today until 15 March 2016.
“As in previous rounds, I encourage applicants to put forward projects that demonstrate strong economic outcomes and address identified disadvantage, to give themselves the best opportunity for success,” Mr Truss said.
“Funding will be targeted to projects which deliver strong outcomes for local communities.”
Assistant Minister to the Deputy Prime Minister Michael McCormack said applications must be for projects between $20,000 with a limit of commonwealth funding of $10 million.
“Grant funding must be matched in cash on at least a dollar-for-dollar basis, with the exception of applicants in remote and very remote locations who will need to contribute at least $1 for every $3 of funding sought,” Mr McCormack said.
“We have introduced less stringent requirements for partner funding in remote and very remote communities in Round Three to make the National Stronger Regions Fund more accessible to these applicants.
“Regional Australia has a vital role to play driving economic development, lifting productivity and fostering innovation and through the support of this programme we are encouraging growth and investment at the local community level.”
Across the first two rounds, the Australian Government approved $505 million to fund 162 projects across the nation.
Further information on the programme, including information sessions about the application process held around Australia for potential applicants, is available at: www.infrastructure.gov.au/nsrf.