Building Better Regions Fund

Up to $10M is available from the Building Better Regions Fund (BBRF) to support projects that will create jobs and build stronger regional communities into the future.

Building Better Regions Fund

100% Succes Rate With Infrastructure Funding
Call 1300 658 508

 

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 will fund projects in regional Australia outside the major capital cities of Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra.

 

 

Budget Update: 2018-2019

Deputy Prime Minister and Nationals’ Member for Riverina, Michael McCormack, said another $200 million has been allocated in the 2018-19 Budget to deliver a third round of the Building Better Regions Fund (BBRF)

It takes spending under the fund to $681.6 million across all three rounds of the program.

We know what is on the round 3 application. Ask us for a copy.

 

Success Stories

Greater Shepparton City Council

Bulletpoint assisted the Greater Shepparton City Council to receive $7.19 million towards the Greater Shepparton Regional Sports Precinct through the Regional Development Australia Fund Round Four.

This project will substantially expand the capacity of the 65 hectare Greater Shepparton Regional Sports Precinct (GSRSP) by building new fields and facilities for a range of sports. It will provide modern infrastructure for the site, including a linking boulevard, fencing, landscaping, playgrounds,signage, car parks, traffic signals and supporting works.

The project will include construction of five new football fields, a new synthetic hockey pitch and athletics track, and eight new netball courts, together with upgrades to existing multipurpose fields. New lighting, pavilions and improved spectator amenities feature in most elements of the project.

 

Building Better Regions Fund – Funding Available

There are two streams of funding available under the Building Better Regions Fund:

Infrastructure Projects Stream

  • You can apply for a minimum grant amount of $20,000 and a maximum grant amount of $10 million.
  • For most projects grant funding will be up to 50 per cent or up to 75 per cent of your eligible project costs. Your location will determine the percentage of grant funding you can receive.
  • You may apply for a partial or full exemption to the co-funding requirement if you can demonstrate that you are experiencing exceptional circumstances.

Community Investments Stream

  • The minimum grant amount is $5,000.
  • The maximum grant amount is $10 million, however given the nature of eligible projects we expect most grants will be under $100,000.
  • For projects with a total project cost of more than $20,000, grant funding will be up to 50 per cent or up to 75 per cent of your eligible project costs. Your location will determine the percentage of grant funding you can receive.
  • For small projects with a total project value of less than $20,000, grant funding will be up to 100 per cent of eligible project costs.
  • You may apply for a partial or full exemption to the co-funding requirement if you can demonstrate that you are experiencing exceptional circumstances.

The total funding available is $297.7 million over four years, this is a dramatic drop in comparison to the $1 billion available under the National Stronger Regions Fund. The focus is on regional community and infrastructure projects in regional areas, thus smaller regional applicants will be unlikely to compete with major capital city projects for funding.

 

Eligible Projects

The Building Better Regions Fund Infrastructure Projects Stream will support 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. Your project must:

  • be located in regional Australia outside the major capital cities of Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra
  • be seeking a grant of at least $20,000, and up to a maximum of $10 million
  • provide evidence confirming all co-funding contributions
  • have a project that has not started at the time of application
  • be ready to commence within 12 weeks of executing the grant agreement
  • be completed by 31 December 2019.

The Building Better Regions Fund Community Investments 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.

Your project must:

  • be located in regional Australia outside the major capital cities of Sydney, Melbourne, Brisbane, Perth, Adelaide, and Canberra
  • be seeking a grant of at least $5,000 and up to a maximum of $10 million
  • provide evidence confirming all co-funding contributions
  • have a project that has not started at the time of application
  • you must complete your project within 12 months of executing the grant agreement with the Commonwealth and by 31 December 2019.

 

Eligible Applicants

To be eligible for the Building Better Regions Fund Infrastructure Projects Stream you must be a legal entity, have an Australian Business Number (ABN) and be one of the following entities:

  • a local governing body as defined by the Local Government (Financial Assistance) Act 1995
  • a not for profit organisation that has been established for at least two years.

To be eligible for the Building Better Regions Fund Community Investments Stream you must be a legal entity, have an Australian Business Number (ABN) and be one of the following entities:

  • a local governing body as defined by the Local Government (Financial Assistance) Act 1995
  • a not for profit organisation.

 

Call 1300 658 508

Building Better Regions Fund – Round 3 – Timing

Applications for round 3 now open and close 15 November 2018.

 

More Information

 

Recipients

Surfing Australia Limited – $2,789,600
The project will expand the multi-purpose surfing centre in Casuarina to provide an improved flagship facility in the region which drives the development of Australian world champion surfers. The expansion will also increase tourism to the region by catering to the recreational surfer market plus visiting domestic and international sporting teams.

Somerset Regional Council – $1,595,000
The project will complete a 160km multi-use rail trail along the disused rail corridor from Yarraman near the Bunya Mountains to Wulkuraka railway station west of Brisbane.

Petaurus Education Group Incorporated – $42,031
The project will extend the Wirraminna Discovery and Learning Centre at Burrumbuttock to create a community resource, education and administration space to meet the growing needs of the community of Burrumbuttock and surrounding districts.

Coffs Harbour City Council – $7,216,000
The project will upgrade the C.ex Coffs International Stadium in Coffs Harbour to increase and improve spectator seating, player facilities, corporate hospitality, media broadcast facilities, and pedestrian integration.

Parklands Albury Wodonga Limited – $137,500
The project will provide essential infrastructure for the Huon Reserve on Lake Hume Foreshore. It will support various recreational activities on Lake Hume such as, fishing, swimming, Recreational Vehicle trails and nature trails to meet the significant increase in visitor patronage and demand.

Riverland Field Days Inc – $445,599
The project will construct an Exhibition Centre Presentation Pavilion. The new Pavilion will be an air conditioned and acoustically treated auditorium, (with seating for up to 300), with a multi- function kitchen. The new Pavilion will be able to cater for a wide range of regional events.

Wangaratta Turf Club Incorporated – $2,640,000
The project will see the development of Stage 2 of the Wangaratta Turf Club. The development will see a new entrance into the facility, construction of 20 student accommodation beds on site, new stable construction and the development of a multipurpose grandstand, function & equine learning centre.

Thoroughbred Racing S.A. Limited – $1,650,000
The project will rebuild the Mount Gambier thoroughbred horse race track to provide a high quality outcome to ensure the sustainability of racing in the region.

Penneshaw Progress Association Incorporated – $222,517
The project will assist with the development of the Kangaroo Island Sculpture Trail. The trail will become a significant and iconic drawcard for locals and visitors, balancing the richness of Kangaroo Island’s wildlife and natural environment with works inspired by this unique landscape adding to the cultural appeal.

Buderim Men’s Shed – $550,000
The project will construct two buildings and a car park to operate as the Buderim Men’s Shed. It will also support various community activities.

Indigenous Wellbeing Centre Ltd – $8,140,000
The project will support the construction of a two storey medical health and wellbeing centre to provide facilities for healthcare services and practitioners. The project is Stage Two of building works to an Indigenous Wellbeing Centre – an extension to the Health and Wellbeing Complex.

Birregurra Community Group Inc – $270,050
This project will transform Birregurra’s Mechanics Institute into a quality, all season, regional cultural facility and digital hub for communities in the Otways, Victoria.

Open Arms Care Incorporated – $27,440
This project will improve the Open Arms Care disability day care facilities. The completed project will allow an additional 10 participants to attend the daily programs.

Richmond Valley Council – $700,000
The project will construct a new function centre, pontoon and jetty. The function centre will include community rooms, a visitor information centre, terrace and public toilets, and is aimed largely at being a watersports hub.

Greater Hume Shire Council – $277,000
The project will develop a purpose built Children’s Services building that will enable the establishment of a 5 day week, long day care service, providing a pre-school program including before and after hours school care.

Pyrenees Shire Council – $149,650
The project will build two new walking and cycling paths. These paths will link existing pathways between community, recreation, education, transport and business precincts and additional supportive infrastructure.

Shire of Beverley – $1,320,000
The project will construct a multipurpose facility. The facility will be more responsive to community needs and is adequate for community activities, education, business incubation, tourism and social support services.

City of Busselton – $1,500,000
The project will revitalise the Busselton Jetty Precinct. The jetty entry will form part of the Busselton Foreshore Redevelopment.

Ballina Tennis Club Inc – $93,000
The project will improve facilities at the Ballina Tennis Club, including the expansion of the clubhouse and an upgrade to change rooms and toilets.

Bordertown Racing Club Inc – $440,000
The project will construct a new two storey Racing & Community Centre. It is expected the new facilities will lead to an increase in the use of the Racing Club site, both for racing and community activities, improving community integration and overcoming isolation.

Bundaberg Regional Council – $2,905,268
The project will see the redevelopment of the Burnett Heads Town Centre. The outcomes of this project will include a redesigned streetscape for the main street within the town centre and critical sewerage infrastructure servicing the Burnett Heads commercial centre and its immediate surrounds.

Lake Macquarie City Council – $2,227,500
The project will connect the eastern and western ends of Munibung Road, in Glendale-Cardiff, Lake Macquarie. The project will improve access to regional facilities, alleviate travel times and congestion for people travelling to this employment precinct from Lake Macquarie and beyond, and improve road safety and active transport.

Weddin Shire Council – $950,000
The project will construct a new fit-for-purpose modern medical centre in Grenfell that provides ongoing sustainable healthcare services to the residents of the Weddin Shire. The project will assist in transforming rural health service delivery and provide an important pathway to effective and efficient health services.

Shire of Murray – $1,279,129
The project will capitalise on Dwellingup’s unique natural environment and assist to transform the town of Dwellingup into a world class trail hub. The project will provide facilities and services including an information centre, gift shop, bike shop, toilets, showers, bike racks, lockers, a bike wash, pump track, improved parking facilities, a recreational vehicle dump point and a campers water point.

Mallee Accommodation and Support Program Limited – $2,695,000
The project will construct a purpose built community building with reception, consultation rooms, restrooms, client waiting and activity rooms, office space, kitchen, parking, storage, fencing and landscaping.

Ryder-Cheshire Mount Gambier Home Foundation Incorporated – $583,000
The project will construct an assisted accommodation home in Mount Gambier for five adults with physical and/or intellectual disabilities.

Top End Association for Mental Health Inc. – $2,090,000
The project will build a new mental health facility in Malak, Darwin, known as Top End House. The new facility will enable TEAMhealth’s existing residential rehabilitation program to provide a rehabilitation facility, transitional housing and expand from the current facility from six to ten beds.

Shire of Manjimup – $2,677,725
The project will construct a multipurpose world class facility which incorporates a unique museum, cafe, function space and visitor servicing centre. The location and contemporary design of the building will become the new gateway to Manjimup, enticing visitors to the town and further into the region.

Shire of Capel – $2,361,900
The project will complete a four stage program of works to construct a diverse, multiuser precinct in Western Australia’s South West region. The Precinct will support youth, leisure, recreation, community, commercial and wellbeing activities.

Kids Plus Foundation – $1,624,700
The project will construct a purpose built facility enabling the provision of specialist multidisciplinary therapy programs and services for children and their families. The Centre will specialise in providing multi-disciplinary services for babies, children and young adults with complex neurodevelopmental disabilities, in particular, children with cerebral palsy.

District Council of Elliston – $1,341,500
The project will establish a new fibre radio system between Wudinna and Elliston. The new system will substantially improve communications capacity and provide infrastructure with capability for future expansion.

House with no Steps – $1,567,916
The project will allow the expansion of the House with no Steps’ laundry with efficient, high speed plant and equipment. Installation of modern equipment will increase production capacity and allow additional employment, and establish new sales markets in health and aged care.

City of Swan – $3,061,201
The project will construct a 30m long bridge and 2.4km single carriageway link road and associated intersection works.

Shire of Ashburton – $9,082,620
The project will construct a new waste management facility to accept regional Class I to IV domestic, mining and industrial waste. The development will facilitate economic diversification and growth by significantly reducing the cost of managing hazardous waste for the mining, government and other industries throughout the Pilbara.

Shire of Williams – $360,000
The project will see the refurbishment and revitalisation of a major rest stop servicing the travellers on the Albany Highway and the community of Williams. The project includes general public open space improvements, ablution upgrades and the construction of two new play areas.

Kingborough Council – $2,800,000
The project will construct a multipurpose hall incorporating meeting rooms, reception/office, public toilet, flexible workspace and a café. The town square will be covered and landscaping will complement the built components of the project. The project is the first stage of the Kingston Park redevelopment.

Light Regional Council – $2,191,500
The project will construct a new display facility in the centre of Australia’s animal fodder production bowl. The project is aimed at increasing the opportunities to grow international exports by providing a space for agricultural trade shows, events and export orientated shows.

Shire of Nungarin – $701,875
The project will install new telecommunication infrastructure comprising a data centre and repeater stations across the north eastern Wheatbelt region of Western Australia.

Flinders Council – $7,879,960
The project will assist in the upgrade of the ageing radio network between mainland Tasmania and its Islands by installing a state of the art, multi-bearer high capacity microwave IP radio link, improving download speeds and enabling greater mobile coverage.

Shire of Collie – $74,131
The project will construct a truckstop toilet and dump point to enable recreational vehicle drivers to safely stop and dispose of their waste and to provide truck drivers a safe place to rest and refresh close to town. It will also allow the Shire to register as an ‘RV friendly town’ with the Campervan and Motorhome Club of Australia Ltd.

Brighton Council – $430,000
The project will be the first stage of development of a parkland which will include playground equipment, public toilets, BBQs, outdoor furniture and associated infrastructure culminating in a high quality community space. It will be built between the Bridgewater commercial and civic precinct and the Derwent River foreshore.

Rockhampton Regional Council – $5,000,000
The project will deliver asphalt resurfacing to Rockhampton Airport’s main runway, surface enrichment to the taxiways, runway shoulders, and the military and regular public transport aprons. The aim of the project is to enable the airport to re-open faster after future inundation events.

Cootamundra-Gundagai Regional Council – $3,500,000
The project will replace Gundagai’s ageing sewage treatment plant and structures. The new plant will be capable of operating in flood conditions.

Unity of First People of Australia Limited – $600,270
The project will allow Unity of First People of Australia Limited to facilitate the construction of an off grid solar and water treatment solution for the Five Mile community which will serve as a pilot for other remote Aboriginal communities located in Western Australia.

Calliope Central Bowls Club Inc – $396,000
The project will provide an all-weather facility for Calliope residents to enjoy current and new recreational activities and functions. It will allow for the commencement of a one-stop-shop and efficient alternative for agencies, health and care providers to provide services, advice and information to improve quality of life, social, recreational and care needs for the elderly/disabled.

Illawarra Basketball Association Ltd – $66,000
This project will upgrade existing facilities used by Basketball Illawarra to support a more efficient, compliant, safe and quality community facility that can support and further grow local participation in basketball.

NT Cattlemen’s Association Inc – $490,974
The project will construct a specialised training centre at the Northern Territory Cattlemen’s Association Roe Creek site on the outskirts of Alice Springs, which will provide accommodation for up to 30 young people.

Byron Shire Council – $2,640,254
The project will upgrade the intersection of Bayshore Drive and Ewingsdale Road to a dual lane concrete roundabout. The project will improve connectivity for Byron Arts and Industry Precinct businesses.

Community Carers Accommodation South East Inc – $341,000
The project will build carers accommodation at the new South East Regional Hospital in Bega comprising six rooms and a communal kitchen/dining/lounge space.

 

FAQ

Will all eligible applications be funded?

  • The program is a competitive grants program and we expect the funding rounds to be oversubscribed. While it is necessary for your application to be eligible, your application will also need to be competitive to give your project the best chance of being funded. This means having an investment ready project with strong claims, supported by evidence, against all four of the assessment criteria.

Will the Community Investments Stream fund my event for more than one year?

  • No, local events and activities will only be eligible for funding under the program once. Funding under the Community Investments Stream is intended as seed-funding to support an inaugural event or funding for a one-off expansion of an existing activity. You will need to clearly outline in your application your strategy to fund future and expanded events without Australian Government funding.

Will there be future rounds?

  • Decisions on the number of rounds is a matter for the Government, and will depend on the number of applications received, the merit of applications, decisions regarding projects to be funded and the availability of future funding. You can register on business.gov.au for updates regarding the program.

Is there an amount set aside for each stream and region?

  • There is no amount set aside for either stream or region. The amounts that go to each stream or region will depend on the level of applications received, the merit of those applications and the decisions on which applications to fund made by the Ministerial Panel. The Ministerial Panel will take into account a number of factors in their final decision making including: spread of funding and projects across regions; whether similar projects exist to ensure that projects build on and support other projects and services, while not duplicating them; and previous funding under other programs. See section 7.3 of the guidelines.

Is there an equal amount of money available for each year of the Building Better Regions Fund (BBRF)?

  • Decisions on funding will be made by the Ministerial Panel and will depend on the number and merit of applications.

Who is on the Ministerial Panel?

  • Senator the Hon Fiona Nash Minister for Regional Development and Minister for Local Government and Territories will be on the panel. The other members of the panel have not been announced yet.

Why are the eligibility boundaries set where they are?

  • The boundaries were decided by Government and represent the regional focus of this program.

Can I apply for exemptions to the Program Guidelines?

  • The Department is bound to administer the program in accordance with the program guidelines. The program guidelines outline the criteria against which all applications will be assessed and do not include provisions for exemptions with the exception of co-funding as outlined in the guidelines.

Will the decision maker approve a different grant amount to what I requested?

  • The grant amount offered to successful applicants is a decision for the Ministerial Panel. The guidelines allow for the Ministerial Panel to take into account a number of factors in their decision making outlined in section 7.3 of the guidelines including the spread of funding and projects across regions; whether similar projects exist to ensure that projects build on and support other projects and services, while not duplicating them; and previous funding under other programs, which may result in offering an amount different to the grant amount requested.

 What is the definition of a school under Building Better Regions Fund (BBRF)?

  • If your organisation sits under the jurisdiction of a state government education department to deliver educational outcomes then you are considered to be a school under the Building Better Regions Fund (BBRF). Under section 5.4 of the Building Better Regions Fund Guidelines schools are considered ineligible for funding.

I want to provide additional information or make a change to my application.

  • No further information can be accepted or changes made to your application after the closing date.
  • Prior to the closing date:
    • You can withdraw your application and resubmit a new one. You will need to complete a new form in this case. Please call 13 28 46 to confirm withdrawal of your application.
    • If you are applying under the Infrastructure Projects Stream you can call 13 28 46 and ask for your attachment folder to be reactivated. You can then upload additional information or an addendum to your application to the folder. Please see the BBRF Infrastructure Projects Stream Application Attachment – How to guide for more information.
    • If you are applying under the Community Investments Stream, you can call 13 28 46 and you will be provided with information on where to email additional information or an addendum to your application.

How do I withdraw my application

  • Please call 13 28 46 for assistance. You will need your application tracking number. You will receive email confirming the withdrawal of your application.

Can Local Government Financial Assistance Grants be used as co-funding under the Building Better Regions Fund (BBRF)?

  • Financial Assistance Grants are untied in the hands of local government, allowing councils to spend the grants according to local priorities.  As such, a council contributing co-funding using Financial Assistance Grants funding is considered a contribution from the applicant, and not the Commonwealth.

I am a newly established not-for-profit organisation applying for a Community Investments Stream grant.  My organisation has not existed long enough to have an annual audited financial statement.  The application form will not let me submit without attaching an audited financial statement.

  • In the Building Better Regions Fund (BBRF) Community Investments Stream there is no minimum period for incorporation however you must provide at least one audited financial statement for the period that your organisation has existed.

What kind of organisations can be participants in a joint application?

  • Joint applications are acceptable provided there is a lead applicant who is the main driver of the project, is eligible as per the list in section 5.2 of the Building Better Regions Fund (BBRF) Program Guidelines and is making a cash contribution. Project partners to a joint application can be any kind of entity or individual. Only the lead applicant is required to be eligible to apply for a Building Better Regions Fund (BBRF) grant.
  • The lead applicant must complete the application form and identify all other project partners in their application. Where an applicant is making a joint application, the application must include a letter of support from each project partner organisation.  The details required in each letter of support are outlined in section 8.2 of the BBRF Program Guidelines.

Is a project eligible if part or all of the project is on land not owned by the applicant?

  • You do not need to own the land associated with your BBRF project. However, you must be able to demonstrate with evidence that you have appropriate authority from the owner and access to the infrastructure (including land), capital equipment, technology or intellectual property required to undertake the project.
  • You will have to demonstrate that you have planned for or have in place all regulatory and development approvals required to undertake the project.
  • You will also need to demonstrate that you will be able to operate and maintain the project infrastructure into the future to ensure you can deliver the benefits throughout the operational period outlined in 9.4 of the BBRF Program Guidelines.

Does my organisation have to own the infrastructure we would like to upgrade or extend using a Building Better Regions Fund (BBRF) grant?

  • You do not need to own the infrastructure associated with your BBRF project. However, you must be able to demonstrate with evidence that you have appropriate authority from the owner and access to the infrastructure, capital equipment, technology or intellectual property required to undertake the project.
  • You will have to demonstrate that you have planned for or have in place all regulatory and development approvals required to undertake the project.
  • You will also need to demonstrate that you will be able to operate and maintain the project infrastructure into the future to ensure you can deliver the benefits throughout the operational period outlined in 9.4 of the Building Better Regions Fund (BBRF) Program Guidelines.

Can you provide details of the types of plans that need to be submitted to meet the program requirements?

  • The Department does not advocate one template or methodology over any other. You will need to make the best possible case to demonstrate that you have done all the planning required to provide confidence that the project will be delivered on time, on budget and to an appropriate standard to deliver the benefits described in your application.
  • There is a list of mandatory and optional documents found in section 8.1 of the Building Better Regions Fund (BBRF) Program Guidelines. In order to be eligible you must provide all mandatory documents listed for the grant amount you are applying for. Documents will be mandatory or optional depending on the size of the grant request and include, but are not limited to:
    • A Project Management Plan – addressing the implementation of the project from commencement to completion. It should define how, when and by whom project activities will be completed and provide confidence that the project will be delivered on time, on budget and to the required standards.
    • A Risk Management Plan – demonstrating that all key entity and project risks have been identified and assessed with appropriate mitigation or management strategies in place across the life of the project. It should be compliant with the International Standard, ISO 31000.
    • An Asset Maintenance or Asset Management Plan (Infrastructure Projects stream only) – demonstrating that the outputs of the project will be retained in original condition for the relevant period as outlined in section 9.4 of the BBRF Program Guidelines. It should outline the operational needs of the project into the future, a strategy to manage the project and to maintain the ongoing viability of the completed project.
    • A Procurement Plan (Infrastructure Projects stream only) – specifying the methodology for procuring the goods and services required to complete the project.
    • A Business Case – clearly explaining how and why the project will achieve its stated objectives, providing assurance that the required thinking and robust planning has occurred.
  • The level of detail required to make a convincing case should be relative to the project size, complexity and grant amount requested.

How can I provide evidence of co-funding for cash or in-kind contributions committed to by candidates in the lead up to the Western Australian general election on 11 March 2017?

Proponents should prepare applications working with funding partners as per normal. In line with section 8.1 of the Program Guidelines, all cash and in-kind contributions, including those that are committed during an election campaign, must be evidenced.

All applicants must attach letters evidencing the cash or in-kind contribution from each contributing organisation or individual.  This evidence must be submitted with the application prior to the closing date.

The letter must be:

  • on the organisation’s letterhead,
  • signed and dated by an authorised person, and
  • set out the value and timing of contributions and any conditions attached.

Therefore, if a candidate in the Western Australian general election makes a commitment to a project, the Applicant must provide with their application a letter on the party letterhead, signed and dated by an authorised person, setting out the value and timing of contributions and any conditions attached.

As part of the assessment of applications (this will be post-election) the Department will seek confirmation of cash and in-kind commitments from the incoming Western Australian Government. No action is required from applicants in this regard.

Only election commitments made and confirmed by the party(ies) that forms Government will be accepted as evidence of co-funding for the purposes of BBRF.

How is an organisation’s not-for-profit status decided?

  • A not-for-profit organisation for the purposes of Building Better Regions Fund (BBRF) is defined as an organisation that does not operate for the purpose of profit, personal gain or other benefit of particular people, when it is in operation or when it is wound up.
  • Typically an organisation’s constitutional or governing documents contain clauses demonstrating the not-for-profit character of the organisation which prevent it from distributing profits or assets for the benefit of particular people.  Not-for-profit organisations must provide evidence of their not-for-profit status.  Mandatory attachments are listed in the Programme Guidelines at Section 8.1.
  • The diagram below shows how an organisation’s not-for-profit status is determined for the purposes of Building Better Regions Fund (BBRF).

 

 

What is required in my not for profit organisation’s Audited Financial Statements and who can conduct the audit?

  • For the purposes of Building Better Regions Fund (BBRF)ALL not-for-profit organisations must provide a set of Audited Financial Statements as defined by the Australian Accounting Standards. The Audited Financial Statements must be audited by a person authorised under the relevant jurisdiction’s Incorporated Associations Act or the Corporations Act 2001.

 

What do I need to include in the Latest Financial Year Figures section of the application form?

  • Complete this section if the requested data is available for your organisation. If the information is not available, you can select ‘not applicable’. The information requested in this section is primarily used for reporting purposes and does not inform the assessment of your application. Not-for-profit organisations are still required to submit Audited Financial Statements with their application. There is no requirement for local governing bodies to provide Audited Financial Statements with their application.

 

Can the provision of land be considered as part of the mandatory co-funding contribution?

  • A contribution of land will be considered an in-kind contribution to the project, and cannot be included as part of the mandatory co-funding contribution. The mandatory co-funding contribution must be in the form of cash. All in-kind contributions must be supported by evidence as per section 8.1 of the program guidelines.

 

Can I purchase land or existing infrastructure under the Building Better Regions Fund (BBRF)?

  • You can only spend the grant and co-funding on eligible activities directly related to the project. The purchase of land or existing infrastructure is an ineligible activity under the Building Better Regions Fund (BBRF). Land can be included as an in-kind contribution in addition to the mandatory co-funding contribution. All in-kind contributions must be supported by evidence as per section 8.1 of the program guidelines.

 

Can I seek funding under the Infrastructure Projects stream for investment in a vehicle or vessel such as a boat?

  • Applicants will need to consider if their project meets the objectives and criteria of the program. For the purposes of Building Better Regions Fund (BBRF), infrastructure is defined as physical structures and facilities (e.g. building, roads, power supplies) needed for the operation of a community, and the project must be a capital project.  The purchase of existing infrastructure is an ineligible activity under the Building Better Regions Fund (BBRF).  The upgrade or extension of existing infrastructure is eligible, however the replacement of existing infrastructure will only be eligible where the application demonstrates significant increase in benefit.
2018-09-30T09:38:27+00:00October 1st, 2018|