Component 3 eligibility criteria are (all criteria must be met to be eligible):
- A valid Development Approval for one of the uses identified in Table 1
- Employment generating potential (minimum 5 FTE operational workers)
- Construction cost is more than $500,000
- Reasonable demonstration that development may be unviable without incentive
- Substantially commence construction within two years from the date when Council signs an agreement
Note - Government-funded projects are not eligible for Component 3.
Please confirm that the statements you select in the Eligibility checklist are true and correct.