Regional Development Australia NT is now welcoming applications from local communities across the Territory for the third round of the Seeding New Investment Fund.

The aim of the fund is to boost NT major projects from concept to completion by supporting the first critical stage of project planning – the development of a comprehensive business case and supporting professional documentation such as engineering or architectural planning. These documents will then be used to fulfil the requirements of public or private funding applications, with the ultimate objective being to fully finance the project.

Funding of up to $50,000 will be awarded to those submitting an application who present the most strategic projects with the best outcomes for their regions.

Further information, including Funding Guidelines is available here.