Media Releases

BUILDING BETTER REGIONS FUND IS OPEN FOR BUSINESS

Darren Chester

Minister for Infrastructure and Transport

A/g Minister for Regional Development

A/g Minister for Local Government and Territories

John Williams

Senator for New South Wales

13th November 2017

 

·         Applications now open for funding under the Building Better Regions Fund Round Two

·         Two streams available: Infrastructure Projects and Community Investments

·         Applications close on 19 December 2017

Organisations throughout the New England electorate are being urged to apply for funding under Round 2 of the Australian Government’s Building Better Regions Fund.

The Nationals Senator for New South Wales John Williams said the Fund has two streams – Infrastructure Projects and Community Investments.

He said the Infrastructure Projects Stream supports 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.

In the first round of funding under this stream Upper Hunter Shire Council received $2.82 million towards a major upgrade of the Scone Regional Livestock Selling Centre.

Senator Williams said the Community Investments Stream funds community building activities including new or expanded local events, strategic regional plans, and leadership and capability building activities.

Under this stream grant funding for small projects with a total project value of less than $20,000 will be up to 100 per cent of eligible project costs.

Armidale Regional Council and Upper Hunter Shire Council were recipients of funding in Round 1 of this stream.

Acting Minister for Regional Development Darren Chester said the Building Better Regions Fund was designed to back projects that create further investment in the community.

“Applicants should demonstrate how their project will drive economic development, make their region a more attractive place to live and foster partnerships across their community,” Mr Chester said.

“Infrastructure investment, and planning and capability building are significant to improving outcomes in a community. A clearly articulated regional aged care strategy, for instance, can have as big an impact on residents as building a new aged care facility in a single town”.

“When combined, both streams will encourage job creation, economic growth, and encourage social cohesion across Australia”.

For more information on the Fund, or to submit an application, visit https://www.business.gov.au/assistance/building-better-regions-fund

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