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NSW Regional Investment Activation Fund – Stream 1

ClosedGrant Closed: 14th of November 2022 - 5:00 pm Value: $2 Million to $20 Million Run By: NSW Department of Regional NSW Further Information: https://www.nsw.gov.au/grants-and-funding/regional-investment-activation-fund-stream-one

This grant will deliver sustainable employment opportunities, activate new industries, promote cluster development, and drive increased productivity, innovation and competitiveness of businesses in regional NSW.  The $110 million Regional Investment Activation Fund (RIAF) will co-invest with eligible entities on catalytic projects that will deliver significant economic, social and/or environmental benefits for a priority industry or location. 

The objectives of the grant are to: 

  • Support the growth of existing industries and the establishment of new/emerging industries where regional NSW has a strong actual or potential competitive advantage 
  • Activate the economic potential of Special Activation Precincts, Regional Job Precincts, Renewable Energy Zones, hydrogen hubs and other priority locations through increased private sector investment 
  • Create new high quality employment opportunities 
  • Support the shift towards higher-value-added activities and participation in global value chains and supply chains 
  • Promote collaboration between businesses, education and research institutions and other parties through sharing of knowledge, resources and infrastructure. 
Last Updated: 5th of November 2022
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