The NSW Government is calling for new expressions of interest in its $50m CBDs Revitalisation Fund, which aims to help Sydney and other key central business districts in their recovery.
Funding of between $250,000 and $1 million is available to provide targeted support for events and activation activities to attract people back to CBDs, and 24-Hour Economy Commissioner Mike Rodrigues said applications for the second round of the funding was part of the NSW Government’s recovery strategy and its vision for the city’s future.
“The lights are back on and we want as many people back into our cities as possible, whether that’s working or shopping or coming in for entertainment and dining,” Rodrigues said.
“We know how tough the pandemic continues to be for many industries, particularly hospitality and tourism. We’re helping them bring back their workforce, create new jobs and grow as we launch into a better year in 2022.”
The first round of the CBDs Revitalisation Program allocated more than $12 million towards six projects including Sydney’s Open for Lunch, a series of ‘long lunch’ pop up dining events..
Eligible CBDs and urban centres include Sydney CBD, Parramatta, Sydney Olympic Park, Liverpool, Penrith, Chatswood, North Sydney, Bankstown, Blacktown, Fairfield, Hurstville, Kogarah, Macquarie Park, Campbelltown, Wollongong, Newcastle and Manly.
Expressions of interest for round two opened on 17 December 2021 and close on 14 January 2022, with activations to go live between February and May 2022.
More information on the Fund and its eligibility requirements are available on the Investment NSW website.