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Attention Farmers, Investors and Innovators!

28th August 2020

The Department of Primary Industries and Regional Development (DPIRD) is accepting applications for its Value Add Investment Grants (VAIG) programme.  VAIG is aimed at supporting agriculture, food and beverage businesses undertaking value adding in Western Australia (or those seeking to expand in, or relocate to, Western Australia). In this context, value adding is defined as any activity that transforms 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 (i.e. products), thereby accruing higher margins to the producer.

Value Add Investment Grants is targeted at all WA businesses or facilities (or businesses relocating or expanding to WA) that:

  • are undertaking value adding to WA primary production post-harvest;
  • have their main source of income (more than 50%) from the production or value adding of WA primary produce;
  • which are already exporting or planning to export within the next two years;
  • can demonstrate high growth potential based on recent financial performance;
  • are private sector businesses (including incorporated trustees), public companies, grower cooperatives, or similar organisations that have an ABN, and are registered for GST.

Applications close on 9 October.

Guidelines relating to the programme can be found at https://www.agric.wa.gov.au/sites/gateway/files/Value%20Add%20Investment%20Grants%20-%20Guidelines.pdf .

 

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