What is this fund?
This is an exciting new initiative to support regional environment and tourism infrastructure projects that will help to grow and diversify regional economies across the State.
How much money is in the fund?
$300 million has been set aside for the fund, with $100 million available through the first round.
In the first round, which is now open, $100 million is available to support environmental and tourism infrastructure projects that will help grow and diversify regional economies in NSW.
Further funding will be available over the following two years.
Who can apply?
Initial expressions of interest are now being sought from local and state government agencies; Aboriginal Land Councils and other Aboriginal groups; community groups registered as incorporated associations; and non-government organisations.
Can private projects apply?
The fund is for public infrastructure. Examples of private projects that may be eligible include:
- A public access road to a new attraction
- A publicly accessible information centre on Aboriginal Land
Projects that are not eligible to apply include those that are for private benefit only. This includes refurbishments of privately owned and operated assets such as hotels and theme parks.
What sort of projects are suitable?
Examples of suitable projects include:
- new or upgraded visitor infrastructure to national parks;
- new or upgraded camping facilities;
- repurposing of Crown Lands or heritage buildings for tourism, and
- development of infrastructure to support ecotourism and new visitor activities.
What is the process?
Expressions of interest are now open. They will close on 20 April 2017.
The EOIs will be independently assessed and shortlisted.
Proponents who are shortlisted will be invited to submit a more detailed application.
Where can I get more information?
The Department of Industry’s regional offices can help, or visit the RGETF page.
Where is the money coming from?
The Regional Growth – Environment and Tourism Fund is funded through the $20 billion Rebuilding NSW initiative, from which the Government has committed $6 billion for regional NSW.
It builds on funding we have already provided to regional NSW including, $110 million for regional tourism infrastructure including for regional airports, regional cruise facilities and rail trails.
Is there a minimum project size?
The NSW Government is targeting the first round of funding to regionally significant projects that leverage Restart funds in order to generate the maximum benefit from this round.
To that end, we expect that the smallest projects will be approximately $1 million and the minimum funding request to be eligible is $500,000. Smaller projects can be packaged or bundled together to meet this threshold.
Please note that there is not a set 50% funding proportion rule – any proportion of funding may be requested. Therefore, the $500,000 funding for a $1 million project example above may not apply to you. Please contact: email@example.com for specific advice about your project if the minimum is a concern.
There are some applicants and projects that may need time to develop the best approach and partnerships for a project. While this round is targeting ready to proceed projects, we encourage Indigenous and other organisations who are developing projects to submit an Expression of Interest in this round to open a dialogue. In this case, the minimum funding request of $500,000 in the guidelines will not apply.
When do projects need to be completed by?
There is no limit on how long a project can take to be completed. RGETF is targeting regionally significant projects and it is expected that some will be delivered in stages over multiple years.
Why was the EOI deadline extend to 20 April 2017?
The program was extended to the 20 April 2017 to allow potential applicants more time to develop their Expressions of Interest. Applicants that have already submitted an application are able to submit any changes or additions prior to 5pm on 20 April.
Do the EOI questions have a word limit?
There is no word limit for the EOI. Answers should clearly and succinctly address the questions in the form. If you have additional information that you would like to submit, attachments to the application will be accepted.