Round One of the National Stronger Regions Fund is now open. The National Stronger Regions Fund (NSRF) is an Australian Government initiative to boost social and economic development in Australia’s regions by funding priority infrastructure projects in local communities. The Australian Government has committed $1 billion to the fund over five years commencing from 2015–16. Funding will be provided for capital projects which involve construction of new infrastructure, or the upgrade, extension or enhancement of existing infrastructure. Projects selected for funding should deliver an economic benefit to the region beyond the period of construction, and should support disadvantaged regions or areas of disadvantage within a region. To best deliver critical infrastructure, the Fund encourages the formation of strong partnerships that engage project proponents with the private sector, and local, state and territory governments. Local Government and incorporated not-for-profit organisations are eligible to apply for grants of between $20,000 and $10 million. Grant funding must be matched in cash on at least a dollar for dollar basis, and the funded part of the project must be completed on or before 31 December 2019. Applicants are strongly encouraged to read the NSRF Guidelines in conjunction with the Frequently Asked Questions and the Guide to Lodging an Online Application Form, which are all available on the Department of Infrastructure and Regional Development website at infrastructure.gov.au/nsrf Applications for Round One funding will be accepted between 1 October 2014 and 5pm applicant’s local time on 28 November 2014, using the Department’s secure Grants Management System (GMS) Portal. Access to the GMS Portal will be available shortly on the Department’s website infrastructure.gov.au/nsrf Role of RDA Great Southern Regional Development Australia (RDA) Great Southern may assist Applicants to identify infrastructure projects, particularly projects which contribute to long term economic growth and have been identified as priorities for our region. RDA Great Southern can work with Applicants to prepare applications, supporting documents and evidence. RDA Great Southern can also play a facilitation role in bringing key parties together including those who may provide a financial contribution to the project. If you would like to discuss your project with RDA Great Southern please contact us on (08) 9842 5800 or email [email protected]
Posted on: Wed, 01 Oct 2014 08:40:08 +0000
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