The Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development, the Hon Michael McCormack MP, announced on Thursday 27 September the opening of Round Three of the Building Better Regions Fund (BBRF).
Rounds One and Two of the BBRF were highly competitive with 1776 applications received and just over a quarter of these receiving funding. Round Three provides an additional $200 million, giving further opportunity for eligible applicants to apply.
A key component under Round Three is that up to $45 million has been earmarked for tourism related infrastructure projects that will help stimulate local economies by investing in the tourism sector. This sector is vital for our regional and remote communities, creating jobs, stimulating new business and sustaining long term economic growth.
Funding is available under two streams:
- The Infrastructure Projects Stream is for projects involving the construction of new, or the upgrade or extension of existing infrastructure.
- The Community Investments Stream is for projects involving community activities including new or expanded local events, strategic regional plans, or leadership and capability strengthening activities.
The closing date for applications is 15 November 2018.
The BBRF application portal is now open and can be accessed at www.business.gov.au/bbrf.
RDAWEP can provide advice and support for your project and application.
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