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Building Better Regions Fund

This program provides funding for infrastructure projects and community investment that will create jobs, drive economic growth and build stronger regional communities into the future.

This program provides funding for infrastructure projects and community investment that will create jobs, drive economic growth and build stronger regional communities into the future. 

  • Specific funding for investment ready projects in regional, rural and remote Australia.
  • Funding will be shared between two streams - infrastructure projects and community investments
  • Apply now for round one of funding business.gov.au/BBRF

Both streams will open today 18 January 2017. The Infrastructure Projects Stream will close at 5pm local time on 28 February 2017 and the Community Investments Stream will close at 5pm local time on 31 March 2017.

 

 

KEY POINTS 

There are two closing dates for round one:

  • Infrastructure Projects Stream – Tuesday 28 February 2017 (see the green set of guidelines)
  • Community Investment Stream – Friday 31 March 2017 (see the red set of guidelines)

Late applications will not be accepted.  

Being eligible for BBRF does not make a project competitive

  • The department expect to have a significant number of funding applications under BBRF so it will be very competitive – you may be approached by community groups with all kinds of interesting ideas and projects and it’s important to try and manage their expectations. 
  • It’s important to let applicants know that being eligible for funding does not make their project competitive.  
  • Being eligible allows groups or councils to put in an application but it does not mean they will be successful for funding. 

To be competitive, a project must make a strong case against all four merit criteria – 1. economic benefits, 2. social benefits, 3. value for money and 4. project delivery.

   Encourage applicants to think about how their project would score against projects such as regional airport upgrades, major tourism attractions, transport hubs or food festivals (which can all make a strong case against all four criteria).

Community Investment Stream

  • This stream of funding is for NEW OR EXPANDED events and activities – if a potential applicant has been running a weekend flower show for 5 years they cannot apply to BBRF to support the sixth year (unless it’s to significantly expand the flower show to run over a whole month for example).
  • Applicants cannot apply for any ongoing funding – BBRF grants are one off, seed funding to kick start an event or idea. Applications for events/activities will need to demonstrate how they will continue to run the new or expanded event/activity WITHOUT Federal Government support into the future.
  • BBRF won’t fund ‘business as usual activities’, for example, funding for a staff position, staff training, or local planning activities which are considered the normal responsibility of the council.
  • Any event/activity should demonstrate broad community/industry sector benefit – for example funding for a coastal tourism strategy (rather than a feasibility study for a single project) or funding to host a inaugural summer sports carnival (rather than sponsorship for one team to travel interstate).


For more information visit 
www.business.gov.au/assistance/building-better-regions-fund