RDA Far West has welcomed the new $297 million Building Better Regions Fund (BBRF) recent announcement. The BBRF gives Councils and community groups the opportunity to apply for funding for projects that will create jobs, drive economic growth and build a stronger far west region.
There are two streams to the BBRF: infrastructure projects stream and a community investment stream.
The Infrastructure Projects Stream will support projects which involve the construction of new infrastructure, or the upgrade or extension of existing infrastructure that provide economic and social benefits to regional and remote areas. You can apply for a minimum grant amount of $20,000 and a maximum grant amount of $10 million. You must complete your project by 31 December 2019. Applications for the Infrastructure Projects Stream open on 18 January 2017 and close on 28 February 2017.
The Community Investments Stream will fund community building activities including but not limited to, new or expanded local events, strategic regional plans, and leadership and capability building activities. These projects will deliver economic and social benefits to regional and remote communities.
The minimum grant amount is $5,000 and the maximum grant amount is $10 million, however given the nature of eligible projects we expect most grants will be under $100,000. You must complete your project within 12 months of executing the grant agreement with the Commonwealth and by 31 December 2019.Applications for the Community Investments Stream open on 18 January 2017 and close on 31 March 2017.
Guidelines and how to lodge an application are available here: https://www.business.gov.au/assistance/building-better-regions-fund
Organisations interested in applying for funding for projects that will occur within the RDA Far West region are encouraged to brief RDA Far West on the projects.