Funding for regional businesses in the NT

The Regional Development Fund provides funding to businesses to promote economic development in all regions of 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 opportunities 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 philanthropic 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

How do you apply?

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