Regional Development Australia Fund (RDAF)
- New or Existing Tourism Operator
- Community or not-for-profit organisation
- Local Government Authority
25 March 2014
The RDAF is a national program to support Australia’s regions and enhance the economic development and liveability of their communities. It aims to support localism, and to leverage and better coordinate state, Commonwealth, local government and private (including not-for-profit) investments for the long term benefit of communities.
Round Two will be characterised by a stronger focus on the regional benefits of projects. Preference will be given to projects and/or benefits that span local government areas and/or RDA boundaries.
A total of $150 million is available for Round 5. Preference will be given to applications which demonstrate partnership funding on a dollar for dollar basis for requests of $5 million or less, and of $2 for every $1 for requests over $5 million. At least 50% of this matching funding must be in cash.
Local government bodies and incorporated not-for-profit organisations are eligible to apply for funding, in their own right, or as a member of a consortium. For-profit organisations can participate in applications for funding where they are a member of a consortium.
Eligible non-lead consortium members include: for-profit companies, not-for-profit organisations with an annual income of less than $1.5 million, commercial arms of local or state government bodies, universities and technical colleges, and RDA committees.
Funding is available for projects which are capital in nature, such as new infrastructure and upgrades to existing infrastructure, are important to regional and local communities, align with Commonwealth priorities and meet the objectives of the program.
Projects must be ''investment ready'', that is ready to proceed within six months of signing the Funding Agreement, and have all planning rezoning, environmental and/or native title approvals in place.
Besides the above applicant and project eligibility criteria:
- The project and application must have been nominated by the RDA committee.
- The project must be viable and sustainable.
- All mandatory documentation is provided.
Round 5 closed on 22 July 2013. The next funding round is yet to be announced.
A minimum funding of $30,000 is available for eligible applicants for Round 5.
Department of Infrastructure and Regional Development
Phone: 02 6274 7977