New South Wales Treasurer Matt Kean handed down the state budget on July 21, 2022, taking over from his predecessor and current premier Dominic Perrottet.
Key highlights in the 2022–23 budget for community groups and economy recovery include:
- $1.3 billion to expand the Regional Growth Fund to support communities in regional NSW
- $300 million over 10 years for grants for new business activities which produce low emissions materials, green chemicals, hydrogen, power fuels, clean fuels and agricultural materials
- $250 million over five years in grants for manufacturing businesses to for renewable energy infrastructure components, electrolysers, electrification of plant, and electric vehicles
- $30 million in additional funding for the Return to Work program, with $5,000 grants available to provide wraparound support for women returning to work
- $30 million to the Community and Place program with grants of up to $250,000 available to community-controlled organisations to support place-based initiatives
- $2 million in grants to industry associations and chambers of commerce to run professional networking programs for women in small business
- Increased funding for disaster management and recovery
It's still unclear when or how this money will trickle down to not-for-profits and community groups, but we'll be keeping our eyes peeled for grant updates relevant to Funding Centre members.
In the meantime, log in to your Funding Centre account and sign up for alerts to be among the first to know where the money is flowing, and to search for and manage your grant applications using the dashboard tool.