Round two opens for National Stronger Regions Fund
Councils and incorporated not-for-profit organisations are now able to apply for funding of between $20,000 and $10 million for capital infrastructure projects under round two of the National Stronger Regions Fund.
Federal Member for O’Connor Rick Wilson said he would encourage all eligible parties to apply as the National Stronger Regions Fund is designed to strengthen communities and deliver economic growth within Australia’s regions.
“There were 405 applications received under round one seeking funding of over $1.2 billion, reflecting on the importance of this programme to Australia’s regions,” Mr Wilson said.
“Given that round two applicants will have more time to develop and submit their applications the quality for this round is expected to be much higher.
“This programme presents a key opportunity for local councils and organisations to receive much needed funding towards priority projects, and I would encourage all eligible parties to submit an application.”
Following feedback from stakeholders on round one, some changes have been made for round two.
In round two, $25 million will be quarantined for those projects seeking funding of $1 million or less. This will create more opportunities for councils and organisations that may not need $10 million in funding, but do need a smaller amount to achieve real outcomes.
“Applicants will also be allowed to submit two applications. This is a huge boost for potential applicants in allowing them to target two key projects which may not have been funded by other means,” Mr Wilson said.
“I also suggest anyone thinking of submitting an application in this round to contact their local Regional Development Australia executive officer to discuss your project and to assist with your application.”
More information on the programme, including the application process for round two, is available at http://www.infrastructure.gov.au/nsrf.