The Regional Jobs and Investment Package for the Upper Spencer Gulf region in South Australia is a $20 million investment by the Australian Government to help diversify the regional economy, stimulate economic grown and deliver sustainable employment in the region.
The program’s intended outcomes are to drive economic growth and create jobs by investing in projects that will:
- diversify regional economies
- stimulate long term growth
- deliver sustainable employment
- enable applicants to enter new markets and sectors.
The funding is available over three grant funding streams:
Local infrastructure grants – These grants are for local governing bodies and not-for-profit organisations to invest in new or upgraded infrastructure. These projects will capitalise on opportunities for growth, deliver long-term economic benefits to regional communities and create jobs.
Business innovation grants – These grants will enable business to build scale and capability to be competitive in new or growing markets that create sustainable employment.
Skills and training grants – These grants will provide funding to local government bodies and agencies and not for profit organisations. These projects will support training and upskilling of the regional workforce to meet regional priorities, take advantage of emerging opportunities and withstand major labour market changes.
The grant amount will be up to 50 per cent of eligible project costs. You are required to provide the remaining 50 per cent as co-funding towards your project (exceptional circumstances may seek an exemption).
Note that applications for individual regions will open when the Local Investment Plan is published.
For more information visit https://www.business.gov.au/Assistance/Regional-Jobs-and-Investment-Packages