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Regional New Industries Fund (RNIF)

Overview

This program aims to catalyse Western Australia’s competitiveness by building entrepreneurial, innovation and commercialisation capabilities in the regions. It will support and accelerate new and growth orientated businesses to create sustainable regional economies that generate new jobs and industries.

The objectives of the program are to:
- Support business venture creation and SMEs to grow.
- Support transformation of mature industries and economic diversification.
- Develop business venture opportunities in international markets.
- Support Aboriginal business development.
- Promote co-investment opportunities between business, government and other organisations.

The RNIF will support the nine regions defined in the Regional Development Commissions Act 1993, namely:
- Gascoyne
- Great Southern
- Goldfields - Esperance
- Kimberley
- Mid West
- Peel
- Pilbara
- South West
- Wheatbelt

The Fund comprises of two allocations:
1. Regional stream
- Will seed local initiatives that build a communities innovation pipeline and to drive long term impact.
- Up to $300,000 is available to each region.

2. State network stream
- Will fund projects that increase connectivity and build capability across regions, the State and to international markets. In particular, the stream priorities initiatives that enable technology development, service innovation and market access.
- A minimum of $1.4 million is allocated for this stream.

Funding is available to projects that a have minimum value of at least $20,000 (excluding GST). Funded projects may span up to a maximum of four years, ending in the 2020-21 financial year and require a 1:1 ratio of matched contribution (cash and in-kind services) that has an appropriate cash flow.

A total funding pool of $4.5 million is available over four years.

Who Can Apply?

Eligible applicants include any regionally based organisation that has a mandate for innovation and business development or interested individuals. This may include:
- Regional chambers of commerce and industry
- Business incubators and accelerators
- Industry and business bodies and representatives
- Local governments
- Small business centres
- Academia
- Businesses
- Local Innovation champions

The Regional Development Commission will submit an application on behalf of the region. However, any regional stakeholder that has registered their interest and meets the criteria, can be considered as a project delivery lead. The following types of organisations would be considered eligible as a project delivery lead:
- Incubators, co-working spaces, or other innovation service providers
- Local Government Authorities
- Consortiums of private and public organisations
- Not-for-profit entities
- Publicly funded research organisations

Please refer to the Guidelines for the complete eligibility requirements.

Eligible Activities

Eligible initiatives include, but are not limited to:
- Cluster development /co-operatives
- Incubator/accelerator programs
- Industry value chain analysis/business linkages
- Export and trade initiatives
- Smart specialisation/R&D partnerships
- Entrepreneurial events (pitches, showcases, hackathons)
- Innovation programs (entrepreneur in residence, expert in residence, fellowships commercialisation programs)
- Economic gardening/business development programs that focus on scaling-up existing established businesses
- Inclusive/disadvantaged programs/projects
- Business environment reform

The State government’s four pillars, which are recognised as essential foundations for success of new industry development, include:
- Pillar 1: Talent, Skills and Entrepreneurship
- Pillar 2: Investment and Infrastructure
- Pillar 3: Culture and Collaboration
- Pillar 4: Marketing and Promotion

Main Assessment Criteria

The main assessment criteria include:
- Impact (50%)
- Collaboration (20%)
- Value for money (30%)

Please refer to the Guidelines for the complete list of the assessment criteria.

Restrictions

The following are ineligible for funding:
- Capital works and/or physical infrastructure including any buildings
- Tenancy, including rental or lease of floor space
- Consultation or publication services

A delivery lead cannot be:
- An individual, partnership or trust (however, an incorporated trustee may apply on behalf of a trust).
- A Commonwealth or State government agency or body (including government business enterprises).

Documentation Uploaded
Guidelines 2019-03-06 Download
FAQs 2019-03-06 Download
Registration of Interest 2019-03-06 Download
Sample Application Form 2019-03-06 Download

Use these documents as a guide only - always get the latest direct from the Administrator

Add to
Add
Category
Business
Community
Dates
Status Pending
Opening Date 3 Oct 2018
Closing Date 12 Jul 2019
Closing Information
The next funding round is yet to be announced.

Value
Funding Type Grant
Min.Funding $20,000
Total Funding Pool $4.5M
Co-contribution Yes 1:1
Competitive Yes
Eligible Activities
Activities
Training / Employment
Start-up / Establishment
Marketing
Innovation and R&D
Sector/SubSector
CommunityServices : Employment
Gender Any
Age Any
Who Can Apply?
Location
Western Australia
Region
Regional
Industries
General - Non-Industry Specific
Eligible Organisation Type(s)
Organisation
Difficulty Rating
Administrator
Tier State
Department
Department of Primary Industries and Regional Development
Contacts
Program Administrator
Department of Primary Industries and Regional Development
Email
RNIF@dpird.wa.gov.au
General WebsiteVisit
Program Website Visit