WA Regional Economic Development (RED) Grants

WA Regional Economic Development (RED) Grants

  • Applications for Round 7 are open until 26 June 2024.
  • Grants: up to $150,000

Regional Economic Development Grants fund projects that drive economic growth in regional Western Australia.

Key Requirements

The RED Grants program, a State Government initiative, invests in locally driven projects to encourage the development of long-term economic growth and job sustainability in our regions.

Over ten years, the State Government is committing $55.85 million to the RED Grants program for projects directly benefiting regional communities.

Applicants must show that projects will achieve at least one of the following economic growth and development objectives:
  • creating sustainable jobs
  • expanding or diversifying industry
  • developing skills or capabilities
  • attracting new investment to the region
  • increasing productivity.
Over $36 million has been allocated to 355 approved projects across nine regions through previous rounds of the RED Grants Program. These initiatives include industry development and expansion, Aboriginal industry development, agricultural diversification, and tourism expansion.

Each of the nine Regional Development Commissions (RDCs) oversees the grant round process for their respective region and offers guidance to applicants throughout the application process.

  • Gascoyne Development Commission
  • Goldfields-Esperance Development Commission
  • Great Southern Development Commission
  • Kimberley Development Commission
  • Mid-West Development Commission
  • Peel Development Commission
  • Pilbara Development Commission
  • South West Development Commission
  • Wheatbelt Development Commission

What is eligible for funding?

Eligible applicants may seek funding for individual projects that contribute to job creation or sustainability, industry expansion or diversification, skill or capability development, business productivity enhancement, and attracting new investment to the regions.

What companies are eligible for funding?

To qualify, you must:

  • hold an Australian Business Number (ABN)
  • be a legal entity able to enter into a legally binding financial assistance agreement with the WA government
  • demonstrate the ability to undertake and complete the project
  • ensure capability to cover ongoing operating and maintenance costs after the grant period (if applicable)
  • provide a minimum 50% cash contribution to the project.

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.