Northern Australia Development Program
Northern Australia is a diverse and vibrant region rich in opportunities to drive growth in jobs and investment for the benefit of all Australians.
A strong and prosperous north is critical to Australia’s economic future.
Northern Australia is defined as all of the Northern Territory and those parts of Queensland and Western Australia north of the Tropic of Capricorn.
The Northern Australia Development Program (NADP) is an exciting new $111.9 million program designed to help grow businesses and industries in northern Australia.
Open to small to medium businesses, including Indigenous businesses, the NADP will fund up to 50 per cent of the total cost of individual projects through two simultaneous grant streams:
- Stream 1: targeting small to medium businesses with expansion and diversification grants of between $50,000 and $2 million
- Stream 2: targeting larger businesses with grants between $3 million and $10 million to establish a new industry or significantly grow the value of an existing industry, contributing to transformational change in a region.
The NADP will be supported by a specialised business advisory service to help grow and strengthen successful businesses in a strategic way.
The first round of the NADP will open in early November 2021, with eligibility guidelines released at the end of September 2021.
Read more at the Office of Northern Australia.