The Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development, the Hon Michael McCormack MP has today announced the opening of Round Three of the Building Better Regions Fund (BBRF).
Rounds One and Two of the BBRF were highly competitive with 1776 applications received, with just over a quarter of these receiving funding. Round Three provides an additional $200 million, giving further opportunity for eligible applicants to apply.
A key component under Round Three is that up to $45 million has been earmarked for tourism related infrastructure projects that will help stimulate local economies by investing in the tourism sector. This sector is vital for our regional and remote communities, creating jobs, stimulating new business and sustaining long term economic growth.
The closing date for applications has now passed. RDA NT will post updates on future funding opportunities as they arise.