APPLICATIONS OPEN FOR ROUND 5 OF THE BUILDING BETTER REGIONS FUND

Applications are now open for local communities across regional Australia for the fifth round of the successful Building Better Regions Fund (BBRF).

Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said this round will see local communities share in $200 million.

“Releasing the program guidelines last December meant prospective applicants could begin preparing their submissions,” the Deputy Prime Minister said.

“The Australian Government is now welcoming those submissions, ready to support community investments such as local events and strategic regional plans as well as infrastructure projects which will provide lasting benefits to regional and remote areas.

“This round will see $100 million of dedicated support for tourism-related infrastructure, while maintaining $100 million for broader community infrastructure and investment.

“The Australian Government is proud to continue supporting our rural and regional communities with Round 5 bringing our total commitment to more than $1 billion over seven years.”

Assistant Minister for Regional Development and Territories Nola Marino said it is vital the Australian Government supports regional and remote communities as they continue leading the economic recovery from the COVID-19 pandemic.

“Our regions once again demonstrated remarkable strength and resilience in 2020, staring down the challenges of bushfire, drought and a global pandemic,” Ms Marino said.

“Our regions are the lifeblood of this nation and the BBRF will help ensure our local communities bounce back stronger than ever.

“Since 2016, we have funded nearly 1,000 projects through the BBRF, ensuring our communities have an opportunity to gain funding and support for locally driven projects,

“The BBRF is about creating jobs and driving economic growth and I encourage eligible applicants to apply for funding.”

Applications are now open and can be submitted through the online portal at www.business.gov.au/bbrf.

If potential applicants have any questions regarding eligibility or the delivery of the program, they can contact the AusIndustry Business Grants Hub on 13 28 46 to discuss their individual circumstances.

Prospective applicants are also encouraged to contact their local Regional Development Australia (RDA) committee to discuss their application. More information including contact details for your local RDA can be found at www.rda.gov.au. 

Applications close on 5 March 2021, with successful applicants expected to be announced in mid-2021.