APPLICATIONS have opened for a new federal government fund focused on regional infrastructure and community projects.
The Building Better Regions Fund, which opened on January 18, is designed to build local economies like the Scenic Rim, Lockyer Valley, Logan Country and Gold Coast Hinterland.
Federal Member for Wright Scott Buchholz said the $297 million Building Better Regions Fund would invest in projects which create jobs, boost local economies and strengthen communities outside the major capital cities.
“Locals know our community best and this fund gives community groups and councils the opportunity to think outside the square,” he said.
“I look forward to seeing which projects local communities across the electorate of Wright – from the Lockyer Valley to Logan Country and the Scenic Rim to the Gold Coast Hinterland, feel will best strengthen our region.”
Funding is available in two streams:
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The Infrastructure Projects Stream will invest in projects that involve the construction of new infrastructure, or upgrade or extension of existing infrastructure.
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The Community Investments Stream will invest in local events and activities, strategic regional plans and leadership and capability building activities.
Mr Buchholz said the new fund would service regional areas more than previous funds had.
“This is a fund purely for rural and regional communities like ours and also for the more remote communities,” he said.
“A brand new source of funding will be available for community projects – a Community Investments Stream. The Community Investments Stream might help expand a local festival, attract a theatre production or major sporting event to the region to bring more visitors to the town, or it might be leadership or business training for young locals.
“A new social benefit criteria will allow applicants to show how their project will make their region a more attractive place to live, or improve community connections.
The Building Better Regions Fund replaces the National Stronger Regions Fund which has now closed.
Applications for the Infrastructure Projects Stream close February 28 and applications for the Community Investment Stream close March 31.
To access fund guidelines, and to lodge an application visit www.business.gov.au/bbrf
