The Regional Economic Development and Community Investment Program (the program) is open to initiatives that promote regional economic development and support employment creation and retention.
A total of up to $50 million is available for projects that are aligned with the Regional Development Trust's Key Focus Areas. Applicants will be required to select which Key Focus Area they are applying for.
Key focus area
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Objectives
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Priorities
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Outcomes
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Sustainable regional industries
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Enabling regional industries to grow and adapt with structural and environmental change.
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- Supporting opportunities for emerging and engine industries
- Enabling industry with the right workforce
- Growing domestic manufacturing and supply
- Building climate adaptation and resilience
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- Increased employment and/or job retention for businesses
- Creating employment opportunities in industries demonstrating a skills shortage
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Aboriginal economic development and enterprise
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Delivering sustainable Aboriginal economic, social, and cultural wellbeing by encouraging Aboriginal business development, enterprise and strengthening on-Country connections.
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- Enabling Aboriginal business development and economic participation
- Leveraging Aboriginal-owned assets
- Supporting community-based enterprise
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- Increasing employment opportunities for Aboriginal people working in or operating an Aboriginal-owned business
- Increased education and training outcomes for Aboriginal people living and working in regional NSW.
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Community connection and capacity building
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Empowering regional communities to maximise the potential of their people, infrastructure and environment.
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- Activating community infrastructure to ensure regional NSW is a great place to live and work
- Building community resilience, with a focus on economic adaptability.
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- Improved liveability outcomes demonstrated by growth or stabilisation in population for regional and rural areas measured over a 5 year period
- Increase in availability of key workers in areas demonstrating a critical shortage.
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Improving regional service delivery
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Increasing access, quality, and sustainability of services to better meet the needs of people in regional NSW.
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- Growing the local workforce
- Improving service delivery and access to quality services to maintain and grow regional communities.
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- Improving workforce participation in regional NSW measured by the workforce participation rate
- Creating jobs in key sectors of the workforce where there is an identified need.
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Within each focus area, applications may be submitted for the following project types:
Project type |
Minimum funding (GST exclusive)
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Maximum funding (GST exclusive)
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Infrastructure
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$500,000
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$5 million
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Services and program delivery
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$250,000
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$1 million
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