Regional Investment Activation Fund Applications Open

The NSW Government’s $110 million Regional Investment Activation Fund will make regional NSW the location of choice for investors, facilitating new private sector investment to activate the potential of priority precincts and industries.

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.


The Department of Regional NSW will be holding an online industry briefing on Tuesday 11th October at 12pm.

This online industry briefing will help businesses understand the Regional Investment Activation Fund guidelines and funding available, including the eligibility criteria, assessment and selection process.

Sara Johnston