Regional Growth Fund
The Regional Growth Fund is a $272.2 million investment program to provide grants of $10 million or more for major transformational projects, which support long term economic growth and create jobs in regions, including those undergoing structural adjustment.
The Australian Government’s grant funding, through this Program, is expected to leverage investment from the private sector, not-for-profit organisations and other levels of government in the region.
The expected outcomes of the Program are to:
- create jobs
- drive economic growth
- build stronger regional communities.