"The Regional Economic Development Grants Scheme will support projects that make a real contribution to local communities, with a quick lead time to spark immediate economic activity in each region."
Hon. Alannah MacTiernan MLC, Minister for Regional Development
Regional Economic Development grants
The Regional Economic Development Grants (RED Grants) program is a State Government initiative that invests in community driven projects to stimulate economic growth and development in regional Western Australia.
The grants will support individual projects that promote sustainable jobs, partnerships, productivity, skills and capability, as well as stimulate new investment and industry diversification.
The State Government’s Royalties for Regions program has invested $22.5 million towards the RED Grants program as part of the 2018/19 State Budget.
An amount of $6.3 million has been allocated for the first round of RED Grants to be evenly split across the nine Regional Development Commissions. Applications will be assessed under a competitive merit based process.
Each Regional Development Commission will manage the grant round process for their region, and will provide advice to applicants during the application process. Eligible applicants can apply for RED Grant funding of up to $250,000 for individual projects.
Applications for round one of RED Grants round closed on 2 November 2018, successful projects will be announced early-2019.
Regional priorities
RED grants aim to support the Pilbara’s regional development priorities of economic diversification or value-adding to current industries, including:
- logistics, engineering and supply chains
- innovation and advanced technology
- agriculture and aquaculture
- renewable energy
- tourism
Projects that do not meet the above priority areas will be considered if the applicant can demonstrate an economic diversification and employment growth outcome. Projects that seek to lower the cost of doing business in the Pilbara will also be considered for funding.
For more information contact the Pilbara Development Commission on (08) 6551 7500 or email grants@pdc.wa.gov.au
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