Up to $15M in funding for regional infrastructure projects in Round 2 is available.
The Regional Development Australia Fund (RDAF) is a national program to support Australia’s regions and enhance the economic development and livability of their communities. The government grant is administered by the Department of Regional Australia, Regional Development and Local Government (the Department). It is designed to ensure that new investments are targeted to reflect the characteristics, and to address the opportunities and challenges, of our diverse regions.
The Regional Development Australia Fund aims to support localism, and to leverage and better coordinate state, commonwealth, local government and private (including not-for-profit) investments for the long term benefit of communities.
The Expression of Interest (EOI) reduces costs for applicants, and provides early certainty. It also gives local stakeholders the opportunity to participate in decision-making, and recognises that local communities are best placed to provide advice on local needs and priorities.
Regional Development Australia committees will consider all EOIs from their region and select three viable priority projects to proceed to full application and assessment.
The EOI lodgement form includes the sections:
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| Milestone | Anticipated Dates |
|---|---|
| RDA Regional Plans finalised | Monday 31 October 2011 |
| RDAF Round Two announced | Thursday 3 November 2011 |
| RDAF Round Two Guidelines published | Thursday 3 November 2011 |
| Expressions of Interest open | Thursday 3 November 2011 |
| Expressions of Interest close | Thursday 1 December 2011 |
| RDA committee decisions on Expressions of Interest | Wednesday 21 December 2011 |
| Notification of outcomes of the Expression of Interest process by the Department | Wednesday 11 January 2012 |
| Full applications for Round Two close | Wednesday 15 February 2012 |
| Minister announces successful projects | Commences mid to late May 2012 |
| Funding Agreements negotiated and executed | Within 8 weeks of Minister’s announcement |
The Department of Regional Australia, Regional Development and Local Government received a very strong response to RDAF Round One, with 553 applications submitted by local government and not-for-profit organisations. Up to $150 million was approved for investment-ready projects that supported the growth of local communities across the country. This was extended from $100 million due to the strong response from communities.
Under Round One, grants of between $500,000 and $25 million will support 35 projects across the country.
For more information on Round One can be found here
In round 1 there was a total of 553 applications and only 35 were funded. Hence the success rate for an application was only 6%.
An analysis of the Regional Development Australia Fund round 1 results indicates that the percentage of the project funded also varied significantly. Compare Wollongong City Council with a project size of $4.83 M and recieving 48% funding compared with Lismore City Council with a $5.99 M project and receiving 83% of funding. Clearly some councils were not asking for enough from the Regional Development Australia Fund.
We have a 100% success rate with infrastructure funding. In the last 2 years we have raised over $68 M in government grants for infrastructure. We are the largest grant consultancy in Australia.
We can assist in this round with demonstrating:
If your require a specialist government grant consultant to assist your Regional Development Australia Fund application please call us on 03 9005 6789 to discuss further.
[...] projects shared in almost $150 million under the 1st round of the Regional Development Australia Fund (RDAF). With a total of 553 applications, your chances of success was only [...]