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Who can apply for funding?

Project Funding

Project funding of up to $250,000 (GST exclusive) is available for Registered Training Organisations (RTOs) to develop projects to implement competency-based training models. Applicants must address the following selection criteria in their proposals:

Innovation

Extent to which the proposed approach uses innovative strategies, resources or activities to achieve its objectives.

Industry and/or employer engagement

Extent to which industry and employers will be involved in the project and how the training to be delivered meets the requirements of the participating employer/industry.

Reduction in time for completion of apprenticeships

Capacity of the proposed approach to reduce the timeframe for the completion of apprenticeships whilst maintaining (or improving) quality.

Addressing demand for apprenticeships

Clearly demonstrated link to demand for skilled tradespeople in the industry and region being serviced.

Increasing the status of apprenticeships

Extent to which the activity will increase the status of apprenticeships.

Increasing completion rates for apprenticeships

Extent to which the activity will contribute to the number of apprentices completing apprenticeships.

Sustainability

Evidence that the approach will contribute to more timely completion of apprenticeships in the long term including the extent to which the proposal will:

Value for money

Evidence that grant funding will contribute directly to achievement of objectives. The extent to which value for money is enhanced through contributions (which can be in-kind) from other parties participating in the project activity.

Note: Funding under FTA is competitive and awarded on merit on a project by project basis. Addressing and meeting the selection criteria is not a guarantee of funding.

To apply for project funding:

Reporting obligations for successful Registered Training Organisations

RTOs funded are required to submit a Final Outcomes Report in order to fulfil their funding obligations. Funded RTOs will need to download and complete this Final Report template and submit to DEEWR as required in the funding agreement.

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Brokerage Funding

Lead organisations can apply for funding to broker competency-based training apprenticeship models/activities to alleviate skill shortages. These models/activities should increase the number of apprenticeships completed on demonstrated competence rather than time served.

Only lead organisations that have been operating an effective, nationally recognised competency-based training apprenticeship model in the proposed industry for at least five years are eligible for funding. These organisations should have demonstrated broad development, promotion and implementation of this model with industry on a regional and/or national level. To apply for brokerage funding:

Note: Funding under FTA is competitive and awarded on merit on a project by project basis. Addressing and meeting the selection criteria is not a guarantee of funding.

Further enquiries: fast-track@deewr.gov.au
Fast-Track Hotline (02) 6240 5985

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