New Grants

Regional Food Producers Innovation and Productivity Program Grant

The Australian Government has committed to invest $35 million in a Regional Food Producers Innovation and Productivity Program to improve productivity, innovation and profitability of Australia’s regional food producers.  $10 million of the $35 million will be set aside for projects from the seafood industry. It will achieve this by funding projects that design and/or transfer new technologies, new processing methods and new production methods and implement them for use in the regional food and/or seafood production industries. In doing so, the program will encourage the development of collaboration networks between the regional food/seafood processing industry and the rest of the supply chain.

The program is a merit-based, discretionary grant program. Applicants submit expressions of interest, which are assessed against eligibility criteria. Those considered eligible and likely to meet the program objectives are invited to submit an application. This application is assessed against merit criteria. Funds are limited and therefore meeting eligibility and merit criteria does not guarantee funding.

Matching Funding 

This is a matched-funding program–grantees must meet at least 50 per cent of the project costs, in cash. It is generally expected that grants will be between $50 000 and $2 million. Funding will be provided on a reimbursement basis at agreed milestones throughout the project.

The program is due to end on 30 June, 2012. The maximum project length is three years. No projects will be approved after 30 June, 2012. Funded projects should be completed by 30 April, 2012 to allow final payments to be made by 30 June.

What activities will be supported?

All applicants must satisfy the following criteria:

1.  You must be a food[1] producing business involved in value-adding and processing[2] or a not-for-profit organisation active in the food production industry

2.     Your business must be a business registered for tax purposes in Australia with an Australian Business Number (ABN)

3.     Your business must be financially sound, with professionally prepared financial statements demonstrating the ability to fund your share of project costs

Notes:

-Universities and research organisations are not eligible to apply. 

[1] Food is defined as any substance, whether processed, semi-processed or raw, that is intended for human consumption and is sold to a consumer for immediate consumption, or with minimal preparation. This includes drink, chewing gum and any substance that has been used in the manufacture, preparation or treatment of ‘food’, but does not include cosmetics or tobacco or substances used only as pharmaceuticals.

[2] This means food processors, or farmers and fishers involved in value-adding.

Merit Criteria

Your application will be assessed on the degree to which:

Criterion 1.     the project will lead to improved productivity and profitability in Australia’s regional food or seafood production industry

Criterion 2.     the project will draw upon and involve existing knowledge and expertise within the Australian regional food or seafood production industry, including through collaboration with value-chain partners

Criterion 3.     you have the resources and capability to carry the project through to finality

Criterion 4.     you are able to demonstrate that your project meets your business’s/organisation’s strategic goals

Criterion 5.     your project would be unlikely to proceed in a reasonable manner and time frame without the funding

In assessing the likelihood of improved productivity and profitability in the regional food production industry from a prospective project, the independent advisory panel will also aim to achieve a level of diversity in the projects funded, subject to the overall competitiveness of the projects.

Dates:

  Round 1.  Expression of Interest due date:  5pm – 9th February 2009- Closed

  Round 2.  Expression of Interest due date:  expected to be July  2009

If your business and your project proposal is considered eligible, you will receive an invitation to submit an application. You will also receive feedback on further likely information requirements to assist you to prepare your application. We endeavour to provide a decision on all expressions-of-interest within three weeks of receipt. We will advise of any unforeseen delays.

More Information

If you are interested in more information please visit the fund website.  If you wish to talk to Treadstone about our consulting services please contact us on:

 

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