THE AUSTRALIAN GOVERNMENT’S BUILDING BETTER REGIONS FUND IS NOW OPEN

On 23 November 2016 the Australian Government announced the release of the program guidelines for the new Building Better Regions Fund (BBRF) – to replace the National Stronger Regions Fund.

The BBRF will invest $297.7 million over four years in infrastructure projects and community investments to create jobs, drive economic growth and build stronger regional communities into the future.

Grants are available through two funding streams: Infrastructure Projects and Community Investments.

  • 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.
  • 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 Department of Industry, Innovation and Science’s AusIndustry Business Grants Hub is responsible for administering the program on behalf of the Department of Infrastructure and Regional Development (this includes grant application, enquiries and project management activities).

Applications open 18 January 2017, and close 28 February 2017 (Infrastructure Projects Stream) and 31 March 2017(Community Investments Stream).

Program Guidelines, the application form, contact details for enquiries, and other programme information is available at www.business.gov.au/bbrf.