The Deputy Prime Minister and Assistant Minister Briggs have announced funding of $212.3 million for the 51 successful projects under Round One of the National Stronger Regions Fund (NSRF). A list of the 51 projects approved under Round One is available at http://investment.infrastructure.gov.au/publications/administration/pdf/NSRF_Round_One.pdf
The National Stronger Regions Fund provides funding of $1 billion over 5 years, commencing in 2015-16, to fund priority infrastructure in regional communities.
Grants must be between $20,000 and $10 million.
Local government and incorporated not-for-profit organisations are eligible to apply.
Grant funding must be matched in cash on at least a dollar for dollar basis.
Funding will be provided for capital projects which involve construction of new infrastructure, or the upgrade, extension or enhancement of existing infrastructure.
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.
The NSRF funded part of the project must be completed on or before 31 December 2019.
For further information visit http://www.minister.infrastructure.gov.au/jb/releases/2015/May/jb057_2015.aspx or http://investment.infrastructure.gov.au/funding/NSRF/