Deadline: 30-Dec-22
The Collie Futures Industry Development Fund (CFIDF) is offering grants to support for significant industry-led proposals that will contribute to economic development and diversification of the regional economy.
Industry-led proposals provide a mechanism for government to leverage private sector expertise and initiatives to support development of new industries.
The fund will focus on the following sectors where the Collie region has strengths and growth prospects, as identified in existing regional plans and industry strategies:
- Aged and health care;
- Agribusiness;
- Coal-related industries;
- Energy;
- Forest products;
- Manufacturing and professional services;
- Mineral processing; and/or
- Tourism.
Objectives
- Objectives of the Program The CFIDF will focus on developing new industries and expanding existing industries in the Collie region. The anticipated outcomes of the program are a significant increase in the:
- Number and diversity of job opportunities;
- Productivity of business and industries; and
- Scale and diversity of the economic base.
Activities
- Scope of activities considered for funding Support will be provided for activities which develop new industries or expand existing industries and increase productivity and employment opportunities in the Collie region. Support will be flexible and tailored to specific project proposals and may include, for example:
- Support for development and commercialisation of new industry and business opportunities, including demonstration or pilot plants.
- Support for integration of new technology to improve the productivity of existing businesses or enable development of new business streams.
- Support for specific infrastructure, plant or equipment that supports development of new businesses or improves innovation and productivity of existing businesses.
- Support to develop common-user infrastructure to address local infrastructure challenges that impact on industry productivity or expansion, for example water, energy or transport infrastructure.
Funding Information
- Funding up to a maximum of $2 million will be made available.
Eligibility Criteria
- To be eligible for consideration, an application must:
- Clearly demonstrate alignment of the proposal outcomes with the objectives of the Collie Futures Fund;
- Clearly demonstrate impact on the regional economy within a journey-to-work zone of up to 50 kilometres from the Collie townsite;
- Include a summary project plan, including high-level project outcomes and deliverables, a timeline, details of the project budget, resources, risks, statutory approval requirements, stakeholder engagement and evaluation (note funded activities must be completed within 2 years of the funding agreement being signed);
- Be seeking up to a maximum of $2 million Collie Futures Fund funding and include a funding contribution from the applicant (all Collie Futures Fund funding must be matched by a minimum, secured cash co-contribution1 of $1 for every $1 funded); and
- Be made by a valid legal entity that can enter into a funding agreement with the Western Australian Government.
For more information, visit Government of Western Australia.