Share of $272m available for projects on the Central Coast
The Coalition Government’s highly anticipated Regional Growth Fund is officially open for applications. Liberal Senator for New South Wales, Arthur Sinodinos, and Federal Member for Robertson, Lucy Wicks, are calling for ideas that could shape the future of the Central Coast.
Senator Sinodinos said the $272 million Regional Growth Fund will support major projects in regional, rural and remote areas that deliver long-term economic benefits.
“This is an exciting program that will deliver major projects worth more than $20 million that take advantage of the Central Coast’s economic strengths,” Senator Sinodinos said.
Ms Wicks said the Regional Growth Fund will support additional investment for sustainable economic growth from the private sector, other levels of government, and not-for-profit organisations.
“Initial applications are open until 27 April, 2018 and I encourage everyone eligible in our community to submit an application,” she said.
“The Coalition Government will invest a minimum of $10 million – up to 50 per cent of project costs – towards each successful infrastructure project application.
“The Regional Growth Fund will be a game-changer across Australia by unlocking government funding for projects that have the capacity to transform regional areas.”
Ms Wicks said successful projects will boost existing industries like agriculture, tourism and manufacturing, allowing them to innovate and flourish.
“The Regional Growth Fund is an open invitation to everyone eligible who believes in the Central Coast to partner with the Coalition Government to support positive change for the future,” Ms Wicks said.
For more information on the program, including the application process, visithttp://regional.gov.au/regional/programs/regional-growth-fund.aspx