Hills & Coast Business Grant 2023

2023 Grant Guidelines Overview

Introduction

Regional Development Australia Adelaide Hills, Fleurieu & Kangaroo Island (RDA AHFKI) support businesses and community groups to identify and secure funding for projects that grow the regions’ economy and liveability. In conjunction with our region’s councils, we offer a one-stop grant portal which typically lists over 1,000 grants at any one time, provides search functionality, and ability to set up automated grant alerts. The Hills & Coast Grant Finder can be found here:

RDA Hills & Coast Grant Finder (grantguru.com.au)

Despite many grants being available, businesses still struggle to find an eligible grant for their project. The industry, stage of development, type of expenditure, level of funding and many other factors might not align with available grants. The Hills & Coast Business Grant aligns with RDA AHFKI Strategy to Strengthen our most Competitive Industry Sector of Manufacturing and targets specific areas of need not already supported by available grant programs.

Grant Guidelines

1. The Fund

The Hills & Coast Business Grant has been established by RDA AHFKI to provide funding that will be an enabler for business establishment and growth.

Grant amount:

• Minimum single grant: $1,000
• Maximum single grant: $10,000

2. Purpose

The 2023 round of the Hills & Coast Business Grant aims to support the productivity and growth of manufacturing businesses through:

• Procurement of new equipment that improves productivity, and;
• Addresses challenges and/or barriers to business growth.

Exclusions:

• Replacement of existing equipment that does not improve productivity.
• New equipment solely for reducing costs (eg; solar installations or more power efficient equipment) rather than increasing productivity.
• Furniture.
• Standard software applications such as accounting software.
• Marketing costs including e-commerce investments.

The Hills & Coast Business Grant is not intended for business-as-usual projects but for cases where limited funds are restricting an ability to progress productivity and growth.

3. Eligibility Requirements

3.1    The proposed project must meet the Purpose of the grant outlined above.

3.2    This grant is open to manufacturing businesses (for the purposes of this grant, a business undertaking a process of value-adding and/or the processing of raw materials or parts into finished goods) with an ABN.

3.3    Grant funding must be matched dollar for dollar (1:1). Matched funding greater than 1:1 will be viewed favorably.

3.4    Costs incurred prior to signing of a grant agreement are not eligible.

3.5    Eligible expenditure is not defined but must clearly show in your application, how they are specific to your proposed project.

3.6    Your project will benefit the economy and/or liveability of the Adelaide Hills, Fleurieu Peninsula or Kangaroo Island.

3.7    An application from a consortium is welcome, however one organisation will need to submit the application form and be the lead party that enters into a grant agreement if successful.

3.8    The proposed project must be completed in time to complete a project report and grant acquittal (refer Funding Agreements below)

3.9    The following documents are mandatory application attachments: Business Plan, Current Profit & Loss Statement, and a 2-year Financial Forecast.

4. Application

4.1    All applications must be made using the application form and be complete.

4.2    Completed applications must be submitted by;

          5:00PM Monday 12^th June 2023

          by completing the online form:

Late applications will not be accepted.

5. Assessment of Applications

5.1    Eligible applications will be assessed against:

1. The Assessment Criteria in the grant application form.
2. Completeness and quality of the application.
3. Value (level of productivity and growth versus funding request).

5.2    All applicants will be advised of the outcome of their application as soon as possible.

5.3    The selection panel may, but is not obliged to, seek further information or clarification from applicants.

5.4    All decisions are final and there is no appeal process for applicants.

6. Funding Agreements

6.1    Funding agreements will specify the funding provided and commit the applicant to any funding conditions including timeframes, outputs and outcomes, and matched contributions.

6.2    Successful applicants will be required to provide a project report and grant acquittal by 28^th February 2024

6.3    The Funding agreement may contain other conditions.

7. Summary of Key Dates

Further Information

Got questions or need help?

For more information or clarification around eligibility or the grant process, please contact Regional Development Manager, Sue Arlidge.


PH: 0413 160 009

Email Sue →