Businesses, councils and not-for-profit groups in Farrer have an opportunity to secure funding from the Murray Darling Basin Regional Economic Diversification Programme, to help create more jobs and to strengthen and help diversify our local economy.

Federal Member, Sussan Ley, has welcomed the announcement by the Commonwealth and NSW governments that $14.1 million of funding will be allocated to communities most impacted by the Murray Darling Basin Plan.

According to Ms Ley, “the primary aim for the second round of funding is to support employment growth, businesses and industry in our area and I strongly encourage local organisations to explore their options when more details are released late this month”.

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Funding will be available through a $4.1million Energise Enterprise Fund and $10 million Regional Business Investment Fund.

The Energise Enterprise Fund delivers one-off project grants of up to $25,000 or matched funding of
up to $40,000. Businesses will be able to work with local councils and not-for-profits to fund projects to diversify, strengthen and build resilience in their local economies.

The $10 million Regional Business Investment Fund will be available for business investment projects that result in the creation of new jobs, including expanding a business, establishing a business or building infrastructure.”

Applications for the grants will open on Monday 30 November 2015.