Round Three of the Australian Government's $641.6 million Building Better Regions Fund (BBRF) is now open.
Grants are available for projects which will create jobs, drive economic growth and build stronger regional communities into the future.
For Round 3, $200 million is available, with up to $45 million of this funding earmarked to support tourism-related infrastructure projects.
There are two streams of funding available under the program:
- Infrastructure Projects Stream
- Community Investments Stream
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.
The Community Investments Stream funds the following community activities: new or expanded local events, strategic regional plans, and leadership and capability strengthening activities These projects will deliver economic and social benefits to regional and remote communities.
BBRF projects must be located in an eligible area unless it can be demonstrated that that significant benefits and employment outcomes will flow directly into an eligible area if a project is located in an ineligible city area. A mapping tool is available here to assist in determining the eligibility of a project location.
Visit the BBRF website for further information on the program and to access the guidelines for both funding streams.
Applications close 15 November 2018.