Strengthening the Murray-Darling Basin economy
The Murray Darling Basin Regional Economic Diversification Program is a $32.5 million allocation of funding from the Australian Government to assist economic development projects that support the economic base of New South Wales regional communities that are most likely to be affected by the implementation of the Murray Darling Basin Plan.
The NSW Government opened an initial round of funding in August 2014 and has already allocated $18.4 million to 22 NSW projects, from a diverse range of industries including manufacturing, aquaculture, cheese-making and grain processing. Many of these projects are already delivering outcomes that will help diversify economies and create new jobs in the Murray Darling Basin.
A second round of funding was announced on Wednesday 11 November 2015. Two streams of funding were made available to eligible applicants for projects in the Murray-Darling Basin (within NSW) through the Energise Enterprise Fund ($4.1 million) and the Regional Business Investment Fund ($10 million).
The Regional Business Investment Fund closed on 1 March 2016.
The Energise Enterprise Fund provides grants to NSW local councils and not-for-profit organisations for the delivery of economic development and diversification projects. Read about 41 successfully funded Energise Enterprise Fund projects.
Funding streams - Round 2
Details of the two available funding streams are set out in the table below.
For more information, view the Funding Guidelines - Round 2.
The above link refers to the funding guidelines which incorporate both the Energise Enterprise Fund (EEF) and the Regional Business Investment Fund (RBIF) funding steams. In order to access the updated EEF guidelines, please see the Office of the NSW Small Business Commissioner website.
|Funding program|| Regional Business|
| Energise Enterprise|
Who is eligible
|Application closing dates|
Applications have closed for RBIF
|For current Assessment Round information, please see the Office of the NSW Small Business Commissioner website|
Applications have closed for RBIF
Apply online for the Energise Enterprise Fund
Total program funding
Description of program
Grants for business investment projects that result in the creation of new jobs.
Grants for the delivery of economic development and diversification projects.
NSW Department of Industry
Office of the NSW Small Business Commissioner within the NSW Department of Industry
|Frequently asked questions||About the Regional Business Investment Fund - FAQ||About the Energise Enterprise Fund - FAQ|
- Regional Business Investment Fund - FAQ
- Energise Enterprise Fund - FAQ
- Funding Guidelines - Round 2
- Winning More Grants - presentation
- Sample Application - MDBREDP Round 2 Energise Enterprise Fund
- Sample Application - MDBREDP Round 2 Regional Business Investment Fund
Watch our videos from the Murray-Darling Basin Regional Economic Diversification Program Workshop:
- Video 1 - Introduction to grants
- Video 2 - Regional Business Investment Fund
- Video 3 - Q&A
- Video 4 - Writing successful grants
If you experience any difficulty downloading the videos please call 1300 650 058.
Other relevant programs
Irrigators in the NSW Border Rivers, Lower Namoi and Barwon Darling catchments may also be eligible for funding and assistance under the NSW Department of Primary Industries' NSW Sustaining the Basin: Irrigated Farm Modernisation program.