Regional Development Fund – Overview
This program aims to drive economic growth and productivity by investing in regional infrastructure, creating jobs and new opportunities for regional South Australia.
The broad objectives of the RDF are to support regional economic development by:
- Creating new jobs and improving career opportunities.
- Providing better infrastructure facilities and services.
- Strengthening the economic, social and environmental base of communities.
- Supporting the development and delivery of projects.
- Leveraging funding and investment.
In 2015-16, the Fund comprises two programs:
1. Major Projects Program
- To support major economic projects designed to strengthen regional industries, support local economies and provide opportunities through investment in strategic projects.
- Funding between $200,000 and $2 million is available with a leveraged funding ratio of 3:1.
2. Community Infrastructure Program
- To support investment in regional communities to develop their economic infrastructure and grow their capabilities as a foundation for future jobs and economic growth.
- Funding between $200,000 and $1 million is available with a leveraged ratio of 2:1.
It also includes Country Cabinet Program (Fund My Idea) program, which commenced in 2014-15 and will continue to support communities that host Country Cabinet meetings, by funding project proposals that will assist the community meet its economic and social needs. This program is related to specific council areas.
A total funding pool of $15 million per annum is available over four years, which commenced on 1 July 2014.
As announced in the 2015-16 South Australian Budget, the government has committed to continue providing the $15 million per annum funding for this program, $2.6 million of which will be taken from the $10 million Jobs Accelerator Fund.
Who Can Apply
Eligible applicants include:
- Local governing authorities
- Incorporated associations
Regional Development Australia associations may apply in their own right or as a lead member of a consortium.
Eligible organisations must:
- Be legal entities (i.e. with which the South Australian government can enter into a legally binding funding agreement). Regions SA may require third parties who have a significant financial interest in the project (for example, parent companies or landowners) to be a party to the funding agreement.
- Have an Australian Business Number (ABN), and be registered for GST.
- Demonstrate the availability of project funding required to complete the project, exclusive of in-kind contributions (in general, funding from other State government sources will not be considered as part of the leveraged funds).
- Have the project located in:
a) Areas defined by the State government non-metropolitan regions boundaries as the Greater Adelaide Area and Country Regions.
b) For the Major Projects Program only, the area defined as the McLaren Vale Character Preservation District by the Character Preservation (McLaren Vale) Act 2012.
Please refer to the individual programs for specific eligible activities.
Main Assessment Criteria
Please refer to the individual programs for the specific assessment criteria.
|Recipients - Major Projects Program||September 2017||Download
|Recipients - Community Infrastructure Program||September 2017||Download
|Use these documents as a guide only - always get the latest direct from the Administrator
29 October 2015
12 November 2015
15 January 2016
The next funding round is yet to be announced.
|Total Funding Pool
General - Non-Industry Specific
Infrastructure / Equipment
Innovation and R&D
Training / Employment
Department of Primary Industries and Regions
Primary Industries and Regions SA (PIRSA)