Regional Growth Fund

The Regional Growth Fund has been established to:

  • unlock new economic activity in our regions
  • deliver critical economic infrastructure to create direct benefit across regional industries
  • strengthen regional communities.

Through the Regional Growth Fund, the State Government is committing $150 million over 10 years to support regional South Australia as part of the Recharging Our Regions policy.

Regional Growth Fund 2020-21

This year $15 million has been allocated for the Regional Growth Fund.

The 2020-21 Fund will support:

  1. Up to $5 million for the Regional Growth Fund Competitive Grants – applications are now open and will close at 12 noon on Monday 11 May.
  2. $10 million for the Minister for Primary Industries and Regional Development to commit to strategic regional growth projects – open year-round for applications.

Applicants can seek grants from $50,000 up to $2 million.

Assessment criteria

Projects will be assessed on their ability to:

  • drive new economic activity to produce outcomes that would not occur otherwise
  • demonstrate transformational change for an industry or sector, rather than incremental improvement
  • create new or additional sustained economic benefits for the community/region beyond the applicant
  • connect to a specific regional community
  • ensure that further intervention by government after the funding is provided, is not required to sustain the project or its benefits.

Projects will also be assessed on secondary criteria including their contribution towards:

  • growing regional population and promoting skilled migration
  • providing productive economic infrastructure
  • increasing merchandise and service exports, import replacement and direct investment into South Australia
  • business facilitation factors (e.g. greater skills training opportunities)
  • building the resilience of the economy to deal with shocks and take advantage of emerging opportunities
  • reducing the cost of doing business in South Australia.

Projects seeking funding through the strategic pool must also secure additional funding from other non-State Government sources, such as the Commonwealth Government.

For further information on eligibility read the Regional Growth Fund Guidelines (PDF 721.5 KB).

Competitive Round 3

Competitive Round 3 has closed and applications are currently being assessed.

Strategic pool applications

To apply for the strategic pool consult with your local Regional Coordinator.

Contact

Regions SA
pirsa.regionssa@sa.gov.au

Previous funding rounds

Read about successful projects funded from previous rounds:

Competitive funding rounds

2018–19

2019-20

Strategic funding rounds

2018–19

2019–20

More information

Page Last Reviewed: 20 Mar 2020
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