Funding to develop business cases or strategies for regionally significant projects and initiatives
The Regional NSW – Business Case and Strategy Development Fund aims to support local councils, joint organisations of councils, not-for-profit, industry and Aboriginal community groups develop business cases or strategies for projects delivering significant economic or social benefits to regional communities, with a focus on infrastructure.
The funding will help organisations build their capacity to plan for and deliver projects and regional development initiatives. The program will also help to build a pipeline of investment-ready projects for future funding opportunities.
The Regional NSW – Business Case and Strategy Development Fund aims to:
- encourage regional collaboration to identify projects and strategies with regional scale and impact
- increase alignment of regional projects and strategies with Regional Economic Development Strategies (REDS) and other relevant regional or NSW Government plans and policies
- build a pipeline of investment-ready economic and priority community projects in regional NSW.
The Regional NSW – Business Case and Strategy Development Fund comes under the $3.3 billion Regional Growth Fund. It’s part of the NSW Government’s ongoing commitment to supporting our regions in practical and effective ways and giving local organisations the resources to deliver exactly what their communities need.
- Stream One: Regional Significance – up to $19 million available funding
- Stream Two: Aboriginal Prosperity – up to $5 million available funding
Applicants are required to submit a quote with their application to develop the business case or strategy from a suitably qualified third party provider. This information will be considered to determine the grant amount for successful applicants.