Applications now open for Round 3 of the Building Better Regions Fund

27 September 2018
 
Applications now open for Round 3 of the Building Better Regions Fund
Communities in Wide Bay are invited to apply for a share in $200 million under Round 3 of the Australian Government’s Building Better Regions Fund (BBRF).   

Federal Member for Wide Bay, Llew O’Brien, is encouraging communities in Wide Bay to submit their applications for funding for local infrastructure and community projects. 
 
“The BBRF provides support to communities for new projects and investments that will strengthen their local area and create jobs,” Mr O’Brien said.
 
“Round 3 has $45 million allocated for tourism-related infrastructure projects to help stimulate local economies by investing in the sector to unlock their tourism potential. 
 
“Projects funded through the BBRF will drive economic growth and transform communities, ensuring that our region remains resilient and prosperous into the future.
 
“Our region has already benefited from rounds one and two of the Building Better Regions Fund with more than $4.5million already invested through many varied projects, including $2.5 million for Noosa Council’s Digital Hub at Peregian Beach.These projects support growth in Wide Bay and deliver lasting benefits to our local communities,” Mr O’Brien said.
 
There are two streams of funding available:

• Infrastructure projects stream provides organisations with grants of between $20,000 to $10 million to support projects which involve the construction of new infrastructure, or the upgrade or extension of existing infrastructure that provide economic and social benefits to regional and remote areas.
• Community Investment Stream provides organisations with grants of between $5,000 to $10 million to new or expanded local events, strategic regional plans, or leadership and capability strengthening activities that provide economic and social benefits to regional and remote areas.

 Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the projects delivered under Round 3 will ensure regional and remote communities continue to thrive.
 
“We have had fantastic outcomes over the first two funding rounds of the Coalition Government’s Building Better Regions Fund and I expect Round 3 to deliver more of the same with up to $45 million earmarked to increase tourism,” Mr McCormack said.

“Tourism is a major industry in many of our regional areas, and this investment in tourism-related infrastructure projects will draw more visitors to remote and regional Australia and the economic benefits they bring with them.

“In this third round we are investing a further $200 million – a clear indication of the Government’s commitment to investing in projects that create jobs, build regional economies and ensure strong regional communities into the future.”

Applications for funding open on 27 September 2018 and close on 15 November 2018.
 
Further information on eligibility and how to apply is available at www.infrastructure.gov.au/bbrf
or contact Regional Development Wide Bay Burnett www.rdawidebayburnett.org.au/
or Regional Development Sunshine Coast www.rdasunshinecoast.org.au/
or my office on 4121 2936 for assistance.
ENDS