Second round of Building Better Regions Fund opens

NOVEMBER 7, 2017: Organisations can now apply for funding under Round Two of the Australian Government’s Building Better Regions Fund (BBRF), to support further job creation and economic growth in regional and rural Australia.This region has already benefitted from Round One, with $1,340,000 delivered toward six projects across the two streams.This funding stream has provided funding to do everything from building a skate park and wheeled plaza precinct, to undertake tourism and economic development research.It is projects like this that will support local businesses and job creation, while also ensuring the needs of the community are met.The fact BBRF has two streams - Infrastructure Projects and Community Investments – means communities have even more flexibility in developing proposals.  With submissions closing on 19 December 2017 for both streams, I encourage all eligible organisations to get their application in.Acting Minister for Regional Development Darren Chester said BBRF was designed to back projects that create further investment in the community.“Applicants should demonstrate how their project will drive economic development, make their region a more attractive place to live and foster partnerships across their community,” Mr Chester said.“Infrastructure investment, and planning and capability building are significant to improving outcomes in a community. A clearly articulated regional aged care strategy, for instance, can have as big an impact on residents as building a new aged care facility in a single town”.“When combined, both streams will encourage job creation, economic growth, and encourage social cohesion across Australia”.Applications close on December 19.For more information on the Fund, or to submit an application, visit https://www.business.gov.au/assistance/building-better-regions-fund