Agency: Australian Government – Department of Industry Science and Resources

Closing: Ongoing

Eligibility: Australian State/Territory Government agency or body, an Australian local government agency or body/ a Regional University, an incorporated not-for-profit organisation

Selection Process Non-competitive (applicants will be assessed on their individual merit against the assessment criteria, and will not be compared to other applications)

The program will focus on a partnership approach to deliver investment in regional Australia. It will bring together governments and communities to plan and deliver regional precincts that are tailored to local needs and have a shared vision in how that precinct connects to the region. Partners can be from government, First Nations groups, community organisations, educational institutions, or private enterprise.

Regional precincts or ‘places with a purpose’ are user-defined geographic areas with a specific shared need or theme. Regional precincts may include business districts, neighbourhoods, activity centres, commercial hubs or community and recreational areas. They will be located in renewal areas and growth areas in regional centres, regional corridors, regional cities, as well as smaller town centres that serve as service hubs in more remote communities.

STREAM 1 funding amounts

Precinct Development and Planning

• The minimum grant amount is $500,000.
• The maximum grant amount is $5 million.

The grant amount will be up to 100 per cent of the eligible expenditure for the project to a maximum amount of $5 million.

STREAM 2 funding amounts:

Shovel ready project

• The minimum grant amount is $5 million.
• The maximum grant amount is $50 million.

The grant amount will be up to 100 per cent of the eligible expenditure for the project to a maximum amount of $50 million.

Link for information here