Deadline fast approaching for Regional Growth Fund
27 March 2018
- One month to go for Initial Applications, with $10 million or more on offer for successful applicants
- $272 million investment opportunity to transform regional communities
- Fund focused on major projects valued over $20 million, supporting long-term economic growth and job creation in regional and remote Australia
The deadline to apply for the Coalition Government's transformational $272 million Regional Growth Fund is fast approaching, with one month remaining to submit Initial Applications from across rural, regional and remote Australia.
Minister for Regional Development, Territories and Local Government John McVeigh urged potential applicants to come forward with their ideas to boost regional economies and employment through innovative projects.
“The Regional Growth Fund is a key pillar of the Coalition's unwavering commitment to delivering real benefits, jobs and vibrant regional communities,” Dr McVeigh said.
“For communities outside the major capital cities this is a unique opportunity to ‘think big’ on new or expanded projects, with 50 percent of project funding on offer as part of the Coalition Government's regional jobs agenda.
“Whether its transport and communications, tourism, manufacturing and primary industries, the Coalition Government will invest a minimum of $10 million toward each successful infrastructure project.”
Dr McVeigh said Initial Applications closed on 27 April 2018 and he encouraged all eligible organisations to get cracking and submit an application as soon as possible.
“The $272 million Regional Growth Fund is an open invitation to everyone eligible who believes in regional and remote Australia to partner with the Australian Government to support positive change for the future,” Dr McVeigh said.
“We are focused on significantly leveraging our investment by working closely with local, state and territory governments, the private sector and not-for-profit organisations to drive the delivery of major projects.”
For more information on the program, including the guidelines and application process, please visit www.grants.gov.au