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Growing Local Economies

Published 21st June, 2019

This fund will invest in the crucial projects needed to support job creation and economic growth in regional NSW. 

Launched in August 2017, the Growing Local Economies (GLE) fund invests in the crucial projects needed to support job creation and economic growth in regional NSW. 

Part of the NSW Government’s $1.7 billion Regional Growth Fund, the $500 million Growing Local Economies fund is designed to unlock growth in regional NSW. It will deliver infrastructure that supports projects of economic significance and that will deliver new regional economic opportunities. 

Temporary pause on new applications

The NSW Government is committed to ensuring the GLE fund maximises the benefit to our towns and communities in regional NSW. A review of the program will make sure the program is being administered effectively and is on track to deliver the stated objectives.

A pause on new applications will start from midnight 14 July 2019. The fund will not be open to new applications from this date until further notice.

Frequently asked questions

Why is the program being paused?

GLE delivers the critical funding needed to deliver the infrastructure that will grow NSW regional economies. It is important that GLE is structured to best deliver benefits to the people of NSW. A review of the program will make sure the program is being administered effectively and is on track to deliver the stated objectives.

A pause of the program will also allow time to finalise the assessment of existing applications.

What will happen to my application that has already been submitted?

Any applications (EOI or business case) submitted before midnight 14 July 2019 will be assessed under the relevant guidelines. Any previously lodged applications that are currently under assessment will continue to be assessed and finalised.

What if I have been invited to submit a business case but can’t submit by 14 July 2019?

Applicants that have already been formally invited to submit a business case can still submit the project at any time. 

What is the date for GLE re-opening?

The GLE program will re-open once the review has been completed. Further updates will be posted on this webpage. Subscribe to updates on the Regional Growth Fund page.

If you have any questions about the pause on applications, please contact the Regional NSW team on [email protected] or contact your local business development manager.

Program guidelines

The program guidelines for the GLE fund were updated and applied from Monday, 20 August 2018. Projects submitted before 20 August 2018 will be assessed under the previous guidelines. Projects submitted on or after 20 August 2018 will be assessed under the updated guidelines.

Background

The objective of the GLE fund is to support projects of economic significance in regional NSW, which draw on the strengths of each Functional Economic Region. The minimum grant amount is $1 million and there is no maximum grant amount.

The fund is committed to funding projects in all areas of regional NSW. To apply for this fund or to receive more information about this fund, contact Regional NSW team via email [email protected]

Updated program guidelines

Other NSW Government funds

While the GLE fund is paused, other funding programs continue to deliver benefits across regional NSW.

Published 21st June, 2019
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