Published on Wednesday, 16 December 2020 at 10:41:19 AM

ROUND 5 OF THE BUILDING BETTER REGIONS FUND 

• Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack has today announced that guidelines for Round 5 of the Building Better Regions Fund (BBRF) are available at business.gov.au/bbrf, meaning prospective applicants can now begin planning their project applications for assessment. Applications open on 12 January 2021 and close on 5 March 2021. Successful applicants are expected to be announced in mid-2021.
• o be eligible, applicants must be an incorporated not-for-profit, local government agency or body, or non-distributing co-operative and in an eligible location. Grants are on offer of between $5,000 and $10 million to cover 50% or more of eligible project costs:

• $5,000 to $1,000,000 for the Community Investments Stream; and
• $20,000 to $10,000,000 for the Infrastructure Projects Stream.

• The round has allocated $100 million of targeted support for tourism-related infrastructure, while maintaining $100 million for broader community infrastructure and investment.

Applicants are encouraged to engage with their local Regional Development Australia (RDA) offices prior to preparing applications.

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