When you invest in NSW, you tap into Australia’s largest, most diverse and dynamic economy. You also have access to the vibrant cities, towns and precincts of regional NSW that are the starting point for innovation, businesses, people and ideas.

Regional NSW boasts a highly skilled workforce and is a recognised leader in economic and export sectors including advanced manufacturing, agri-food, defence, clean energy, medical technology and knowledge services.

Regional Investment Activation Fund – grant funding opportunity

The NSW Government has designed the $110 million Regional Investment Activation Fund to unlock private sector investment through two targeted funding streams.

Both streams are now open for applications.

This grant funding aims to:  

• Drive increased productivity, innovation and business competitiveness in regional NSW

• Activate new industries

• Promote industry cluster developments

• Deliver new and sustainable employment opportunities.

This grant is administered by the Department of Regional NSW.

Stream One is an open, competitive grants program with a two-stage application and assessment process (Expression of Interest followed by Detailed Application). Eligible applications will be assessed on their comparative merits against the nominated eligibility and assessment criteria.

Stream Two is an open, non-competitive grants program where applicants can contact the Department to apply for funding. Applications will be assessed individually, without reference to the comparative merits of other applications. Stream Two aims to provide increased flexibility to secure investments that are time-sensitive and strategically significant for a priority industry or location.

Stream One offers funding from $2,000,000 to $20,000,000

Applications close on 14th november 2022 at 5pm

Stream Two offers funding from $1,000,000 to $10,000,000

Applications are ongoing