About the fund
The Department of Infrastructure and Regional Development has set aside $297.7 million for a new competitive grants program – the Building Better Regions Fund. There are two streams of funding available under the program, the Infrastructure Projects Stream and the Community Investments Stream, which is designed to fund non-infrastructure projects that deliver economic and social benefits to regional and remote communities.
A successful application needs quantified evidence that addresses the following merit criteria:
- ECONOMIC BENEFIT
- SOCIAL BENEFIT
- VALUE FOR MONEY
- CAPACITY, CAPABILITY AND RESOURCES
How we can help
Pracsys are highly experienced in the practicalities of applying for Commonwealth and state-based grant funding. We have a track record of assisting regional local governments and non-profit organisations to produce compelling business cases, feasibility studies and successful funding applications under Royalties for Regions and the National Stronger Regions Fund.
Pracsys has developed a 6-week peer review process to ensure that your application sufficiently responds to the evidence requirements of the BBRF merit criteria and provides a level of detail that increases the likelihood of receiving funding.
The application process will be competitive with a more diverse number of projects eligible compared to similar funding sources. We recommend you start early, giving yourself plenty of time to source evidence and produce a compelling application.
Michael Chappell or Dawson Demassiet-Huning
T: (08) 9325 6551
Level 3, Suite 162, 580 Hay Street, Perth, WA 6000
For more information on the BBRF visit: https://www.business.gov.au/assistance/building-better-regions-fund
Submit your interest using the form below. Include your company details in the Subject line along with a short description of the project.
Pracsys is experienced in providing a range of services to support applicants to improve the quality of evidence provided and produce compelling narratives to justify funding. Our services include:
- Business Cases
- Feasibility Studies
- Cost-Benefit Analysis – BCR Calculation
- Economic Impact Assessment – Econometric Modelling, Cost savings (TTS, VOC)
- Social Impact Assessment – Identification of social problem, Social Return on Investment analysis, SEIFA analysis
- Options Evaluation
- Benchmarking Research
- Impact Measurement and Project Evaluation Frameworks