The 21 October announcement by Deputy Prime Minister, Hon Michael McCormack regarding the progression of 16 projects to Stage Two of the $272.2 million Regional Growth Fund (RGF) has frustrated many across the Far North Queensland region.

 “It was disappointing to learn that none of the projects selected for RGF funding are located in Far North Queensland,” said RDA Chair, David Kempton.

 The RGF provides grants of $10 million or more for major transformational projects which support long-term economic growth and create jobs in regions undergoing structural adjustment.

 337 applications were received by the Department of Infrastructure, Transport and Regional Development. Regional Development Australia Far North Queensland & Torres Strait (RDA FNQ&TS) provided direct assistance on twelve and letters of support for a further 8.

 “The large number of applications received by the Department highlights just how oversubscribed the RGF is,” said David Kempton.

 Unsuccessful RGF applicants within the Far North Queensland and Torres Strait region looking to advance their projects are invited to submit their project proposals to RDA FNQ&TS for consideration.

 “There are a number of innovative, feasible and regionally significant projects out there and RDA FNQ&TS would like to assist in bringing those projects to fruition,” said David Kempton.

 Following the review of the Regional Development Australia Charter, RDA FNQ&TS has moved its focus into the project facilitation and investment space. The organization is actively driving regional economic, investment and trade opportunities, as well as job creation.

 Proposals can be emailed to info@rdafnqts.org.au.

 Further grant funding opportunities are listed in the fortnightly RDA FNQ&TS Grants and Tenders newsletter. Visit www.rdafnqts.org.au to subscribe.

 

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