REGIONAL INVESTMENT FRAMEWORK
The Cradle Coast Regional Investment Framework is a method to seek community support for a regionally significant project that will make a difference to the region’s development.
The Cradle Coast Authority (CCA) supports the Regional Investment Framework process seeking advice from the Regional Economic Development Committee (REDC) to recommend a register of projects. CCA’s Member Councils review the register and assist in lobbying for state and federal government funding for projects. The CCA does not allocate funding to projects and this is not a funding process.
HOW DOES IT WORK?
The CCA will maintain a list of regionally important projects, projects will be reviewed and updated annually. The first list was released in early 2020. The purpose of the list is for our region to speak with one voice in support of projects that will drive positive economic change. The CCA can help by advocating for projects to:
- be funded (by State or Federal Government)
- be located in the Cradle Coast region as opposed to elsewhere
- gain community support
- be expanded or hastened
- benefit from Local Government collaboration or other support
Both infrastructure projects and “soft projects” (e.g. programs or initiatives) will be considered.
If you have a project that would benefit from the CCA becoming involved, you can submit a Project Concept Brief. Please contact admin@cradlecoast.com for further information and the relevant form.
How will the CCA advise on regional priorities?
The REDC will consider project proposals against criteria largely developed from the Regional Futures Plan. They will consider the project’s regional significance, sustainability, community engagement and ability to contribute to the region economically. They will also consider a project’s readiness and need for advocacy. For more information see the summarised Futures Plan here.
HOW DO I APPLY?
Step 1 Read the Support for Applicants information pack here
Step 2 Request a Project Concept Brief form, and seek assistance if required from admin@cradlecoast.com
Step 3 Fill in the template and obtain a letter of support from your local Council, Chamber of Commerce or similar organisation
Step 4 Submit to CCA via email
Step 5 Projects are assessed by the CCA at least quarterly
Step 6 Feedback is provided on your submission
Stage 6 CCA releases updated Cradle Coast Regionally Important Projects Register
FAQ
Regionally Important Projects
Natural resource management – Natural environment investment fund (NEIF)
Cradle Coast Regional Digital Connectivity
Small Business Co-Investment Fund
Whaleback Ridge Renewable Energy Project (Project Renewable Future)
Don River Tourist railway and museum upgrades
A new purpose-built facility for the Slipstream Circus
Sealing of the Western Explorer Road
Jobs transport independence project
Tayatea walking trail