The industry assistance framework will place a strong emphasis on supporting proposals that have broad benefits for an industry sector or a number of businesses, so as to maximise economic development benefits resulting from public investment.
Three main funds will provide the basis for more rigorous economic development.
Regional Growth Fund
The Regional Growth Fund is designed to unlock new economic activity in South Australia’s regions, to deliver critical economic infrastructure to create direct benefit across regional industries, and to strengthen regional communities.
For more information, visit Regional Growth Fund
Research and Innovation Fund
The Research and Innovation Fund (RIF) supports researchers, entrepreneurs and businesses to accelerate their progress with funding from the South Australian Government.
For more information, visit Research and Innovation Fund
Jobs and Economic Growth Fund
The former Economic and Business Growth Fund (EBG) was established as part of the 2018-19 Budget to promote economic growth in South Australia by encouraging growth of existing industries, developing new industries, building international connections, and attracting foreign and national direct investment.
From 1 July 2021, the EBGF was renamed the Jobs and Economic Growth Fund and will have funding capacity of $200 million over four years to focus on supporting initiatives that create long-term sustainable jobs and economic growth.
Read the Jobs and Economic Growth Fund Guidelines