Value Add Investment Grants program provides agriculture, food and beverage businesses with funding to help them implement capital investment projects to expand, diversify or relocate their value adding and processing operations in Western Australia.
Sponsoring Agency: Australian Government
Type of Fund: Grant
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 06/22/2022
Size of the Fund: USD $50,000 to $1 Million
Value Add Investment Grants program provides agriculture, food and beverage businesses with funding to help them implement capital investment projects to expand, diversify or relocate their value adding and processing operations in Western Australia.
This stream provides funding for new investment or the bringing forward of planned investment projects in existing businesses that involve value adding post harvest or production. This includes activities that transform WA primary production from its original or raw form (i.e. commodities) into a state which is perceived as more valuable to the end consumer.
Funding Information
- Matched funding between $250,000 and $750,000.
Funded activities can include investments:
- in new manufacturing capability or processing facilities, new technology or plant modernisation which reduces WA’s reliance on imported products
- that improve sustainability and reduce the environmental impact of the manufacturing or processing activities
- that enable expansion or diversification of business operations in relation to value adding.
- Funding is also available to businesses looking to relocate operations to, or expand existing operations in WA.
Eligibility Criteria
To be eligible, applicants must be private sector organisations that:
- have an Australian business number (ABN)
- are registered for goods and services tax (GST)
- are located in, or looking to relocate to, Western Australia including the Perth-metropolitan area
- are capable of entering into a legally binding agreement with the Western Australian government
- have the financial capacity to fund the minimum cash contribution of 50%
- have been in operation for a minimum of 2 years (or similar established track record).
More information at: https://business.gov.au/grants-and-programs/value-add-investment-grants-capital-investment-stream-wa
Eligible Countries:
Australia
Business Categories:
Agriculture, Business, Manufacturing, Food Industry