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Regional Investment Activation Fund – grant funding opportunity
The NSW Government’s $110 million Regional Investment Activation Fund will make regional NSW the location of choice for investors, facilitating new private sector investment to activate the potential of priority precincts and industries through two targeted funding streams.
Both streams are now open for applications.
This grant funding aims to:
- Drive increased productivity, innovation and business competitiveness in regional NSW
- Activate new industries
- Promote industry cluster developments
- Deliver new and sustainable employment opportunities.
This grant is administered by the Department of Regional NSW.
Stream One is an open, competitive grants program with a two-stage application and assessment process (Expression of Interest followed by Detailed Application). Eligible applications will be assessed on their comparative merits against the nominated eligibility and assessment criteria.
Stream Two is an open, non-competitive grants program where applicants can contact the Department to apply for funding. Applications will be assessed individually, without reference to the comparative merits of other applications. Stream Two aims to provide increased flexibility to secure investments that are time-sensitive and strategically significant for a priority industry or location.
Key Dates
Stream One:
Expressions of Interest open: Wednesday 5 October 2022
Expressions of Interest close: 5.00pm (AEDT) Monday 14 November 2022.
Stream Two:
Expressions of Interest open: Wednesday 5 October 2022
Expressions of Interest close: When program funding has been fully allocated or 31 December 2024, whichever occurs first.
Resources
The following resources and tools are available to support applicants with their submissions. Detailed information about eligibility, funding categories and how to apply can be found in the grant guidelines for each stream.
Frequently Asked Questions (FAQs)
Sample Data Sheet (PDF 1.13MB)
Regional Investment Activation Fund – Regional NSW LGAs (PDF 70.29KB)
The NSW Government’s 20-Year Economic Vision for Regional NSW (Refresh).
Further information can be found here.
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