National Stronger Regions Fund
Applications Close: 28 November 2014
The National Stronger Regions Fund (NSRF) is an Australian Government initiative to boost social and economic development in Australia’s regions by funding priority infrastructure projects in local communities. The Australian Government has committed $1 billion to the fund over five years commencing from 2015–16.
Funding will be provided for capital projects which involve construction of new infrastructure, or the upgrade, extension or enhancement of existing infrastructure. Projects selected for funding should deliver an economic benefit to the region beyond the period of construction, and should support disadvantaged regions or areas of disadvantage within a region.
Local Government and incorporated not-for-profit organisations are eligible to apply for grants of between $20,000 and $10 million. Grant funding must be matched in cash or on at least a dollar for dollar basis, and the funded part of the project must be completed on or before 31 December 2019.
The objective of the NSRF is to fund investment ready projects which support economic growth and sustainability of regions across Australia, particularly disadvantaged regions, by supporting investment in priority infrastructure.
The desired outcomes of the programme are:
- improved level of economic activity in regions;
- increased productivity in the regions;
- increased employment and a more skilled workforce in regions;
- increased capacity and improved capability of regions to deliver major projects, and to secure and manage investment funding;
- improved partnerships between local, state and territory governments, the private sector and community groups; and
- more stable and viable communities, where people choose to live.
Not all projects will be able to contribute to each desired outcome, however collectively the projects will meet the NSRF objectives and desired outcomes.
An eligible Applicant for funding must be:
Who is ineligible to apply for funding?
- a legal entity with an Australian Business Number (ABN) or an Australian Company Number (ACN); and
- an organisation that is one of the following:
- a Local Government body including the ACT Government, either in its own right or on behalf of a consortium; or
- a not-for-profit organisation, either in its own right or on behalf of a consortium, that is not owned by a state or territory government.
Eligible local government bodies are defined in Attachment A. A consortium must be supported by appropriate legal arrangements, and must be led by a local government body or eligible not-for-profit organisation. A consortium may include ineligible organisations.
The following organisations are not eligible for funding:
- NSW, VIC, QLD, WA, SA, TAS and NT governments;
- state and territory government-owned corporations, for example organisations that deliver services to communities that would normally be expected of a council and/or organisations that operate on a commercial basis and deliver services which support the day-to-day operation of the community;
- state and territory government-owned not-for-profit organisations;
- universities, technical colleges, schools and hospitals, and other organisations which are primarily supported by other Australian Government programmes or initiatives;
- Regional Development Australia committees; and
- all for-profit organisations.