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National Stronger Regions Fund: up to $10 million for successful candidate


Posted by PlantMiner

Local councils and incorporated not-for-profit organisations can now apply for funding of between $20,000 and $10 million for capital infrastructure projects under Round Two of the $1 billion National Stronger Regions Fund.

The programme will provide funding of $1 billion over 5 years, commencing in 2015-2016 to fund priority infrastructure in regional communities.

Deputy Prime Minister and Minister for Infrastructure and Regional Development Warren Truss, at Ronald McDonald House in Brisbane today for the announcement, said the Australian Government is very pleased with the level of interest shown in the programme under Round One.

The Australian Government provided $212 million to successful applicants under Round One of the programme after 405 applications were lodged, seeking funding over $1.2 billion.

Round One: the scope of a successful application

The Ronald McDonald House project was one of 51 successful applicants under Round One (which closed 28 November 2014).

“We are providing $5.3 million towards construction of a new $34 million Ronald McDonald House in South Brisbane, with 112 accommodation rooms, communal spaces including a kitchen, laundry, dining area, lounge and games room,” Mr Truss said.

“The facility will also include outdoor recreation and play areas and on-site parking.

Round Two: funding priority infrastructure

“I encourage applicants to put forward projects that demonstrate strong economic outcomes, especially in disadvantaged regions, to give themselves the best opportunity for success under Round Two.

Round Two opened 15 May 2015 and will close 31 July 2015.

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“Feedback will soon be available for unsuccessful applicants from Round One who wish to strengthen their application and re-apply for funding.”

Assistant Minister for Infrastructure and Regional Development Jamie Briggs said funding was targeted in such a way to ensure successful projects deliver strong outcomes for local communities.

The project must deliver an economic benefit to the region beyond the period of construction. Projects should support disadvantaged regions or areas of disadvantage within a region.

“Following feedback from various stakeholders, the Australian Government has made some amendments to the National Stronger Regions Fund to better reflect the objectives of the programme,” Mr Briggs said.

“Under Round Two, $25 million will be quarantined for those projects seeking funding of $1 million or less. This will allow a broader reach across Australia's regions and better reflect the national intent of the programme.

“Applicants will also be able to submit up to two applications under this Round" and must be submitted through the Grants Management System (GMS) Portal.

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