Singleton Community and Economic Development Fund
The CEDF was established by Singleton Council in partnership with The Bloomfield Group and Glencore in 2019 using proceeds from VPAs in a proactive approach to managing the impacts of mining by using the money to increase economic growth and productivity, as well as promote health and wellbeing for the people of the Singleton local government area.
The Fund is administered by the CEDF Joint Management Board comprising Council, The Bloomfield Group and Glencore representatives. Accordingly, the objectives of the Community Economic Development Fund are to assist in proactively using policy funds to increase economic growth and productivity and promote health and wellbeing for the communities of the Singleton LGA.
The broad principles of the Fund are to support the socio-economic future of Singleton by:
• Creating an environment that fosters and supports business, promotes job creation, supports entrepreneurship and diversifies our industry base.
• Providing education and training to create the foundations of a prosperous economy and community.
• Supporting and promoting activities that provide personal fulfilment for residents through arts and culture, encouraging personnel development and by creating beautiful outdoor spaces.
• Supporting and promoting sporting activities and events that provide physical development and pathways to excellence.
• Minimising the impacts of social issues such as homelessness and mental health issues.
• Improving infrastructure to a standard equal to or better than what is available in our cities.
• Promoting and supporting initiatives that preserves regional biodiversity, minimises waste, supports long-term community sustainability and minimises environmental impacts for future generations.