Growing Local Economies

Up to $500M is available from Growing Local Economies to help organisations develop economically significant infrastructure to regional NSW.

Growing Local Economies

Growing Local Economies provides funding to entities to undertake infrastructure projects of economic significance in regional NSW. Projects must demonstrate improved outcomes for regional communities, and where possible support local procurement, job creation and skills development.

Background

As part of the NSW Government’s $1.3 billion Regional Growth Fund, funding will be made available through the Growing Local Economies fund over four years to turbocharge new regional economic opportunities and enliven local economies.

Growing Local Economies is designed to unlock growth in regional NSW by delivering the infrastructure that supports projects of economic significance. This could include road works, natural gas mains and pipelines, water supply, sewerage connections and telecommunications (including data networks). The program is expected to deliver long–term growth benefits.

Funding

$500 million is available to the Growing Local Economies Fund, as part of the four year $1.3 billion Regional Growth Fund.

Eligible Projects

Applications for Growing Local Economies funding must show how projects will improve economic outcomes for communities. Wherever possible, projects should support local procurement, job creation and skills development.

The Growing Local Economies fund is open to projects that:

have the capacity to deliver jobs and economic growth
help regional communities capitalise on their strengths or broaden and reposition their industry base
demonstrate benefits beyond one organisation
have a minimum project size of $1 million
align with state and regional priorities and achieve Benefit to Cost Ratio greater than 1.0.

Eligible Applicants

Funding will be available for projects in regional NSW outside Sydney, Newcastle and Wollongong.

Project applications are invited from:

local government
Aboriginal Land Councils and other Aboriginal and Torres Strait Islander groups
infrastructure providers such as telecommunication firms
incorporated associations including business, industry and community organisations
cooperatives
educational institutions
non–government organisations.

Timing

Applications open on an ongoing basis.

More Information

Source

What is the #1 grant for start-ups?

12,000+ companies access the R&D tax incentive per year that yields a CASH REBATE of up to 43.5%.
This might be perfect your start up.
Do you want to know more?

Bulletpoint is a Melbourne-based consultancy specialising in guiding businesses through the complex process of the R&D tax incentive. With a decade of experience under our belt, we’re proud to be led by Australia’s highest-rated R&D tax consultant. We’ve successfully lodged over 500 R&D claims, demonstrating a proven track record.

Our approach is straightforward and personable, focusing on cutting through the jargon to help businesses truly understand the definition of R&D in government terms. We’re passionate about what we do, and our clients appreciate this, often commenting on the difference our expertise has made to their businesses. They’ve praised us for uncovering grants they wouldn’t have otherwise known about and for making the whole process less stressful for them.

We’re proud to have an average rating of 4.8 stars from over 250 Google reviews. Despite our success, we continue to strive for improvement, learning from every piece of feedback we receive.

At Bulletpoint, we excel in helping businesses navigate the complexities of the R&D tax incentive process, ensuring they reap the benefits they deserve. As experts in our field, we’re well-versed in what works and what doesn’t when it comes to aligning businesses’ perceptions of R&D with the government’s eligibility criteria.

So, if you’re looking for accessible expertise and a proven success rate, you’ll find it with us at Bulletpoint. We’re ready to guide you through the R&D tax incentive process with a blend of professionalism and personality, ensuring your experience with us is not just successful, but enjoyable as well.

Growing Local Economies