Regional Economic Development Fund NT


The Regional Development Fund provides funding to businesses to promote economic development in all regions of the Northern Territory.
Open
Application detail:

Applications may be made at any time.

 
What do you get?

Funding of up to 50% of project costs.

Who is this for?

Businesses in the Northern Territory.

Overview

The Regional Economic Development Fund (REDF) supports business and industry in all regions of the Northern Territory.

Funding is available for projects which:

  • are practical, with tangible outcomes
  • are delivered by local people from the NT
  • provide sustainable local employment
  • support local partnerships and collaboration
  • deliver local infrastructure to create new economic opportunties and business growth
  • encourage increased investment in the region
  • improve regional capability

Grants are available to fund up to 50% of project costs. The other 50% must be matched through funding from yourself or other partners, including the Australian Government, private or philantrophic organisations.

What are the eligibility criteria?

To be eligible, you must be either:

  • an incorporated body and/or legal entity
  • a local partnership between private enterprise organisations, or
  • a not-for-profit community organisation / group or local government based in the NT

Individuals or individual businesses may be accepted if they can demonstrate significant economic development benefit to the region.

Funding cannot be used for:

  • recurring maintenance or operational costs, such as rent, service charges or administration
  • outstanding debts from a completed project
  • fundraising, promotional or charitable events
  • wages and salaries

Find out more about the eligibility criteria at Regional Economic Development Fund.

How do you apply?

To apply, fill in the application form and submit it to your local economic development officer.

Find out more about how to apply at Regional Economic Development Fund.

Contact information