Regional Precincts and Partnerships Program – Stream Two

Regional Precincts and Partnerships Program

  • Stream One – minimum funding is $500,000, while the maximum funding is $5 million.
  • Stream Two – minimum funding is $5 million, and the maximum is $50 million.
  • Applications are open until funding is fully allocated

Regional precincts, often known as "places with a purpose," are user-defined geographic areas that share a common need or theme. Business districts, neighbourhoods, activity centres, commercial hubs, and community and recreational zones are examples of regional precincts. They will be positioned in regions of renewal and growth in regional centres, regional corridors, regional cities, and smaller town centres that act as service hubs in more rural communities.

Key Requirements

The regional Precincts and Partnerships Program has two streams, each of which is delivered as a grant opportunity:

Stream One – Precinct development and planning: to mobilise alliances and create a precinct plan that is ready for investment
Stream Two – Precinct delivery: to complete a certain project or projects as part of a precinct

The program seeks to fund projects that consist of partnerships and a collaborative approach to delivering investment in regional Australia. It will bring governments and communities together to develop and deliver regional precincts adapted to local requirements, with a shared vision for how that precinct connects to the region. Government, First Nations groups, community organisations, regional universities, and commercial enterprise can all be partners.

The program will last three years, beginning in 2023-24 and ending in 2025-26.
The funding opportunity’s goal is to collaborate with partners to support the delivery of precinct services projects that will bring targeted advantages for regional productivity, equity, and resilience in Australia’s rural and remote places.

The funding opportunity’s targeted outcomes are as follows:

  • Deliver a project or projects that are part of a precinct or underlying infrastructure that activates a precinct
  • Create and execute regional precincts comprised of several infrastructure components that give productivity, fairness, and resilience benefits
  • Contribute to the Australian Government’s current policy initiatives, such as Closing the Gap, transitioning to a net zero economy, Australia’s emission reduction goals, social and affordable housing, and National Cultural Policy.

What is eligible for funding?

You must complete your project by 31 March 2026 .

Your project must:

  • Be in a regional, rural, or remote place that is fully outside of the Australian Bureau of Statistics’ Greater Capital City Statistical Areas (GCCSA) – visit the mapping tool on the Department of Infrastructure, Transport, Regional Development, Communications, and the Arts website for more information.
  • Be designed to complete one or more specific projects as part of a precinct
  • Collaborate with partners to support the delivery of precinct projects or basic infrastructure that bring productivity, fairness, and resilience benefits
  • Not received Commonwealth funds for the same tasks
  • Have a minimum expenditure of $5 million.

What companies are eligible for funding?

You can apply if you have:

  • An Australian business number (ABN) or registration with the Office of the Registrar of Indigenous Organisations (ORIC)

And are one of the following entity types:

  • An Australian State/Territory Government agency or body
  • A local government agency or organisation in Australia
  • A Regional University that may or may not be for-profit
  • A non-profit organisation that has been legally formed. As a non-profit organisation, you must demonstrate your non-profit status in one of the following ways:
    • current registration with the Australian Charities and Not-for-profits Commission (ACNC)
    • association status in a state or territory
    • constitutional documents and/or Articles of Association that indicate the organization’s non-profit status.

Is this grant competitive or entitlement-based?

Competitive. Your application will be assessed among other applications by a judging panel.

How can I increase my chances of winning this grant?

By engaging an accredited government grants consultant, such as Avant Group.

Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.

As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.

Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project

  • Industry analysis presentation
  • Competitor Analysis Presentation
  • Marketing and Sales Analysis Presentation
  • 3-5 year Cashflow Forecast
  • 3-5 year Balance Sheet Forecast
  • Cost-Benefit Analysis of Grant Funding
  • End-to-end grant application including information collating, analysis and application writing
  • CAPEX (Capital Expenditure) cost-benefit analysis
  • Stakeholder relations and Risk Mitigation Plans
  • Any other relevant forecasting that will support your application

How can I get help with my application? Or know if I’m likely to win funding?

Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.