Regional Development Australia Orana Supports Building Stronger Regions


11-Dec-2015

Regional Development Australia Orana Supports Building Stronger Regions

Buoyed by the recent success of a number of projects in the Orana region, Regional Development Australia Orana (RDAO) is encouraging more people to get involved in Round 3 of the National Stronger Regions Fund, to open in early 2016.

“The National Stronger Regions Fund is an excellent mechanism to get the infrastructure we need in the region, and support the creation of jobs in the process” said RDAO CEO, Felicity Taylor Edwards.
 
“Each project needs to demonstrate clear economic returns and job creation after the initial build period. We were very proud to support a number of successful projects in Round 2 and look forward to seeing the region get further recognition in Round 3, which opens 15 January 2016 and closes on 15 March 2016.”
 
“Over $18 million of funding has been announced for the Three Rivers Regional Retirement Community in Dunedoo, the Bourke Small Stock Abattoir development and the Bogan Shire Medical Centre at Nyngan in Round 2. Round 1 saw over $3 million of funding go toward the upgrade of cattle sale facilities at the Regional Livestock Markets. For these projects to be successful, the project proponent must have matched the Government’s funding dollar for dollar. This means we’ve also seen over $21 million in local support for these projects to go ahead.”
 
Ms Taylor Edwards hopes that Round 3 will see similar investments in the Orana, particularly given changes to the application guidelines.
 
“In previous rounds all projects had to include co-contribution on a dollar for dollar basis. Basically, the applicant had to demonstrate they could individually, or with the help of partners, pay for at least 50 per cent of the total project cost. However, in Round 3, remote and very remote applicants will only need to demonstrate that they can fund at least one dollar for every three dollars from the NSRF grant funding. This is great news for our smaller remote communities”
 
“The new guidelines have also clarified how consortiums can apply. Being able to work in partnership will make it much easier for projects to get off the ground. Demonstrating partnership across your community and region has been one of the hallmarks of this fund from the beginning.”
 
As with previous rounds, applicants are encouraged to seek the support of the Regional Development Australia Committee for the project.
 
As Felicity Ms Taylor Edwards said, “We hope to hear from people developing projects over the coming weeks. We can guide you to the appropriate resources for your application and, if you have all the mandatory documents, we can review your application and provide support letters.”


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