NSW Government helping regional communities develop new ideas and opportunities

Organisations, councils, not-for-profits and Aboriginal community groups across the Dubbo electorate with great ideas for infrastructure or regionally significant opportunities can help make them a reality, thanks to the NSW Government’s new $24 million Regional NSW – Business Case and Strategy Development Fund.

Member for the Dubbo electorate Dugald Saunders said the program will support organisations to engage experts when developing business cases for new project ideas.

“The Regional NSW – Business Case and Strategy Development Fund will give projects with the potential to deliver great things for the regions a strong start,” Mr Saunders said.

“I strongly encourage all potential applicants to think about what ideas they have, take a look at this fund and see how it can help not only their organisation but the whole community.

“This is about helping make your business cases stand out… It will help you clearly break down the costs of these ideas, outline how it will benefit the community and at the same time identify any challenges that may be in the way.”

Deputy Premier and Minister for Regional NSW Paul Toole said the regions are bursting with people full of ideas with the potential to create jobs, boost economies, and attract investment.

“This fund is all about making great ideas and concepts a reality, providing regional opportunities for economic development, jobs and tourism,” Mr Toole said.

“Any successful project starts with evidence-based planning, and this program will help business cases stand out by outlining costs, community benefits, and identifying any challenges.”

Funding will be available under two streams, with up to $19 million for regionally significant economic and community development projects, and up to $5 million for business cases that create opportunities for economic and community empowerment of Aboriginal people.

The Regional NSW – Business Case and Strategy Development Fund is part of the $3.3 billion Regional Growth Fund, and will help organisations build a pipeline of investment-ready projects for future funding opportunities.

For further information about the NSW Government’s Regional NSW – Business Case and Strategy Development Fund, including program guidelines and eligibility criteria, go to www.nsw.gov.au/BusinessCaseFund

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