Building better regions Fund

Round 5 applications will close on the 5th of March, don’t miss out!

About the Fund

The $841.6 million Building Better Regions Fund (BBRF) aims to create jobs, drive economic growth and build stronger regional communities. The program is directed to support projects in regional Australia. A successful application needs a quantified evidence-base that addresses the following merit criteria:

  • Economic Benefit
  • Project Delivery
  • Social Benefit
  • Impact of Grant Funding

Tourism Focus

BBRF Round 5 has $100 million allocated solely for tourism projects. There are some key considerations when applying for funding for a tourism project:

  • There is a focus on attracting domestic tourists
  • You must demonstrate the impact COVID has had on tourism in your region
  • You must provide evidence the project will mitigate the COVID impact on the tourism sector

Pracsys Experience

Pracsys has a successful track record of assisting applicants to secure funding under the National Stronger Regions Fund (NSRF) and the Building Better Regions Fund (BBRF). Our experience has given us insights into little known elements that contribute to developing an airtight application.

Pracsys achieved 12 successful BBRF applications in 3 years12 Successful Applications in 3 Years
In Excess of $44 Million in FundingIn Excess of $44 Million in Funding

Pracsys secured over 80% of Western Australia's Funding in BBRF Round 4Secured over 80% of
Western Australia’s Funding
in BBRF Round 4

How we can help

Pracsys has developed a range of services to ensure that your application sufficiently responds to the evidence requirements of the BBRF merit criteria, increasing the likelihood of receiving funding.

Cost Benefit Analysis

Mandatory document for projects over $1 million, point of difference for projects under $1 million

Business Case

Round 4 feedback indicated that strong applications included a project specific Business Case

Social and Economic Benefit Evidence

Round 4 feedback stated that strong applications demonstrated how the project would deliver the claimed social and economic benefits

Peer Review

All documentation is reviewed using the scoring and weighting system by BBRF assessors