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CTF Capital Grants Awarded 2024

CTF Capital Grants Awarded 2024

The CTF Capital Grant Program was launched to boost the training capacity of private Registered Training Organisations (RTOs) in the building and construction sector. Announced on 5 November 2023, the Capital Grants Program is fully funded by the Construction Training Fund with an allocation of $5 million to help support the building and construction industry.

Applications for the 2023-24 capital grant program were open from 1 March 2024 to 22 April 2024.

After a thorough evaluation process, the Grants were awarded to three recipients:

Grant purpose

The Capital Grants Program aligns with the Construction Training Fund’s vision to increase the number of skilled workers in the building and construction industry. By supporting infrastructure development, the Program enables workforce training and contributes to Western Australia’s transition to renewable energy technologies.

 

Eligibility criteria

 

Each project was required to meet the criteria for capital expenditure.

  • RTOs had to be registered with the Australian Skills Quality Authority (ASQA) or the Training Accreditation Council (TAC) in Western Australia.
  • RTOs had to demonstrate financial need and that they could not meet the project’s total cost.
  • Projects had to contribute to the objectives of the Capital Grant Program, such as increasing the number of skilled workers in the building and construction industry or improving the quality of training.
  • Projects had to meet criteria for capital expenditure, including planning, erection, alteration, extension, demolition, or refurbishment of buildings or facilities.
  • RTOs had to have adequate insurance and an appropriate maintenance plan for funded facilities.

Key performance indicators

 

Grant recipients were required to report on financial expenditure and KPI outcomes quarterly. Key performance indicators included:

  • Demonstrated increase in training.
  • Demonstrated quality of training through student surveys.

Application and evaluation process

 

Applications for the 2023-24 capital grant program were open from 1 March 2024 to 22 April 2024. Six applications were received, with the following outcomes:

  • Three projects were recommended for funding on 21 June 2024.
  • One project was provisionally approved, pending further negotiations on funding value.
  • One project was deemed unsuitable for funding.

 

For more information on the Capital Grant Program please email the Construction Training Fund at capital.grants@ctf.wa.gov.au or call 08 9244 0100.

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Acknowledgement of Country

The Construction Training Fund acknowledges the Traditional Custodians of the land throughout Western Australia and pay our respect to the Elders both past and present. We thank them for their ongoing custodianship of the lands and waters, and celebrate their rich culture of art, song, dance, language, and stories.