Building Better Regions fund open for Round 2 - NSW Nationals

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Building Better Regions fund open for Round 2

The Commonwealth Government’s Building Better Regions Fund (BBRF) is back in business, with Round Two open and accepting applications for community developments.

The fund is an invaluable source of support for projects aimed at sustaining the local community. So, whether it be funding to keep your local tennis club, preschool or town hall running smoothly or grants for major infrastructure projects, we urge all to apply. 

Like round one, the BBRF is divided into two streams: Infrastructure Projects and Community Investments. 

The first stream is geared towards projects which involve the construction of new infrastructure, or the upgrade or extension of existing infrastructure which provide economic and social benefits to regional and remote areas. The first round saw 110 successful projects from the BBRF's infrastructure stream including $2.82 million for the Upper Hunter Shire Council towards its major upgrade of the Scone Regional Livestock Selling Centre.

Meanwhile, the Community Investments stream funds community building activities including new or expanded local events, strategic regional plans, and leadership and capability building activities.

Under this stream, grant funding for small projects with a total project value of less than $20,000 will be up to 100 per cent of eligible project costs. The benefits of this initiative can already be seen in the investment of $20,000 into the Byron Shire Council for its Building Capacity in Byron’s Community Halls venture.

Darren Chester, the acting Minister for Regional Development and Nationals Member for Gippsland, said the BBRF was designed to back projects that create further investment in the community. 

“Infrastructure investment, and planning and capability building are significant to improving outcomes in a community. A clearly articulated regional aged care strategy, for instance, can have as big an impact on residents as building a new aged care facility in a single town,” Darren said. 

“Applicants should demonstrate how their project will drive economic development, make their region a more attractive place to live and foster partnerships across their community.”

The BBRF extends a helping hand to country communities to sustain rural, regional and remote economic and social growth. For this reason, non-for profit communities groups and local governments of all sizes are urged to apply for funding. 

If you are interested in more information on the Fund, or you wish to submit an application, visit https://www.business.gov.au/assistance/building-better-regions-fund, otherwise you can contact your local member for more details.

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