The Australian Government has released guidelines for round five of the Building Better Regions Fund (BBRF). BBRF includes an Infrastructure Stream and Community Investment Stream. The $1.04 billion BBRF supports the Australian Government’s commitment to:
- drive economic growth
- build stronger regional communities into the future.
For Round Five, there is a total of $200 million available, with $100 million dedicated to tourism-related infrastructure projects.
If you are considering applying for Building Better Regions Fund (BBRF), in the first instance you should consider:
- Is my project well defined?
- Will my project deliver economic and social benefits to my community?
- For infrastructure projects, can construction commence within 12 weeks of executing a grant agreement?
- Do I have access to capital to fund my share (if applicable) of the project costs?
- Do I have the capacity, capability and resources organised to deliver the project?
For a full dissection of your eligibility, follow this link to the “Are you ready to apply?” fact sheet.
If you have an interest in BBRF, Regional Development Australia Adelaide Hills, Fleurieu & Kangaroo Island (RDA AHFKI) can assist you in the following ways:
- Help you assess eligibility of your project
- Provide guidance on how you intend to approach your application
- Connect you with others that may help your case
- Provide details of professional grant writers
- Provide economic modelling to demonstrate the wider impacts of your project in the region
- Provide a letter of support for your project.
We expect a high level of interest in BBRF #5. To begin a discussion about your project please contact us at info@rdahc.com.au to introduce yourself, your project and any initial questions you may have.
Infrastructure Stream
The Infrastructure Projects Stream supports projects that provide economic and social benefits to regional and remote areas. The projects can be either construction of new infrastructure or the upgrade or extension of existing infrastructure. The Infrastructure Projects Stream only supports investment ready projects.
For most projects grant funding will be up to either 50% or 75% of eligible project costs. Your location will determine the percentage of grant funding you can receive. Your project will need to deliver economic and social benefits to a regional or remote community.
Applications close: 05 Mar 2021 05:00 PM AEDT
Community Stream
The Round Five Community Investments Stream supports new or expanded local events, strategic regional plans or leadership and capability strengthening activities that provide economic and social benefits to regional and remote areas.
Infrastructure projects are not eligible under the Community Investments Stream.
For small projects with a total grant amount of equal to or less than $20,000, grant funding will be up to 100% of eligible project costs.
Applications close: 05 Mar 2021 05:00 PM AEDT