Building Better Regions Fund
The $297.7 million Building Better Regions Fund supports the Australian Government's commitment to create jobs, drive economic growth and build stronger regional communities into the future.
The Building Better Regions Fund (BBRF) promotes economic development in Australia’s regions. The BBRF is currently closed for applications.
The Department of Industry, Innovation and Science is responsible for administering the program on behalf of the Department of Infrastructure and Regional Development.
The program will only fund projects in regional Australia outside the major capital cities of Sydney, Melbourne, Brisbane, Perth, Adelaide and Canberra. Projects in Hobart are eligible to apply.
It is a competitive grant program, applications are assessed against eligibility and merit criteria and compared to other applications in a funding round.
Programme Objectives and Outcomes
The program has been designed to achieve the following outcomes in regional and remote communities
- create jobs
- have a positive impact on economic activity, including Indigenous economic participation through employment and supplier-use outcomes
- enhance community facilities
- enhance leadership capacity
- encourage community cohesion and sense of identity.
There are two streams of funding available under the program.
Infrastructure Projects Stream
The Infrastructure Projects Stream will support projects which involve the construction of new infrastructure, or the upgrade of existing infrastructure that provide economic and social benefits to regional and remote areas.
Funding available - $20,000 to $10 million
Community Investments Stream
The Community Investment Stream will fund community building activities including, but not limited to, new or expanded local events, strategic regional plans, and leadership and capability building activities. These projects will deliver economic and social benefits to regional and remote communities.
Funding available - $5,000 to $10 million
Role of RDA Tasmania
RDA Tasmania can:
- assist you to identify and develop a strong project proposal that will contribute to long term economic growth and is a priority within your region, and;
- work with you to prepare a competitive application, supporting documents and evidence.
Addressing Merit Criteria
To be competitive, you will need to address each of the four merit criteria in your application:
- Economic benefit
- Social benefit
- Value for money
- Project delivery
It is important that applicants define, quantify and provide evidence to support their answers.
Further information on the program, including eligibility criteria and how to apply, is available at: www.business.gov.au/assistance/building-better-regions-fund
Round One Outcomes
Congratulations to the successful Tasmanian applicants for Round 1 of the Building Better Regions Fund Infrastructure Projects stream:
Brighton Council’s Bridgewater Parkland: Construction of parkland in Bridgewater including playground equipment, public toilets, BBQ facilities, outdoor furniture and associated infrastructure ($430,000 grant).
Flinders Council’s Flinders and Cape Barren Islands Telecomms Transformation Project: Upgrade to the ageing radio network between its Islands and mainland Tasmania by installing a state of the art, multi-bearer high capacity microwave IP radio link ($7,879,960 grant).
King Island Council’s King Island Airport Airfreight Precinct Development: Development of a freight precinct comprised of landside freight loading area, a freight building which includes charge points for operator’s forklifts, dedicated airfreight apron, sealed taxiway and connectors and powered pad for landside aircraft refuelling facility ($223,603 grant).
Kingborough Council’s Kingston Park Community Hub: Construction of a multipurpose hall, meeting rooms, reception/office, public toilet, flexible workspace, café and covered town square, and adjacent landscaping ($2,800,000 grant).
A total of 110 projects to the value of $219.5 million have been approved for funding under the Infrastructure Projects stream.
Round One of the Infrastructure Projects stream was heavily oversubscribed with 545 applications received. A list of the all successful projects is available at www.business.gov.au/bbrf.
Congratulations to the Community Investment stream applicants from Tasmania:
Cradle Coast Authority's Development of the Cradle Coast Regional Futures Plan. Creation of a Strategic Plan for the Cradle Coast in Tasmania that aims to sustainably grow the regional economy by improving its productivity and competitiveness ($80,000 grant).
Flinders Council's Flinders Business, Economic and Social Structural Review. Socio-economic analysis, review and report and aspects of the operation of Flinders and Cape Barren Island and other islands in the Furneaux Group ($52,000 grant).
Geeveston Community Centre's Southern Food and Fire Festival. A large-scaled themed festival in Spring focussed upon the cultivation of local food and learning experiences and bringing the community together to celebrate the return of summer after Tasmania's cold winter ($19,987 grant).
Hobart City Mission's Youth Employment and Retainment in the Southern Midlands. A strategic plan to address the issues of youth unemployment and disengagement ($20,000 grant)
Junction Arts Festival's Pop Up Performance Venue. Support for performance and visual arts activities ($24,500)
The Unconformity's Asset Acquisition Strategy for events in remote Western Tasmania. This project will see an asset acquisition strategy to store event production and management equipment in the region, avoiding expensive recurring costs of hiring and transporting equipment ($41,250 grant).
Waratah-Wynyard Council's Economic and Community Building in North West Tasmania. Skills audit and strategic planning to identify initiatives to improve social and economic conditions ($19,400).