Round 3 of the $641.6 million Building Better Regions Fund (BBRF) is now open. The BBRF supports the Australian Government’s commitment to create jobs, drive economic growth and build stronger regional communities into the future. This round has $200 million available, with up to $45 million of this funding earmarked to support tourism related infrastructure projects.
There are two streams of funding available under the program: the Infrastructure Projects Stream and the Community Investments Stream.
Infrastructure Projects Stream
The Infrastructure Projects Stream supports 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 Investments Stream
The Community Investments Stream funds the following community activities: new or expanded local events, strategic regional plans, and leadership and capability strengthening activities. These projects will deliver economic and social benefits to regional and remote communities. Infrastructure activities are not eligible for the Community Investments Stream.
For more information about the BBRF program visit the Grants, assistance & other support section of the Australian Government’s Business website.