Value Add Investment Grants

Page last updated: Monday, 24 August 2020 - 3:10pm

The Value Add Investment Grants is a $6.5 million state-wide program to support investment and expansion opportunities for the Western Australian food, beverage and value add processing industry.

The grants are a key component of the State Government’s $16.7 million four-year Food and Beverage Fund, which aims to stimulate growth and support economic recovery from COVID-19.

The incentive scheme is targeted at value-adding businesses with high growth potential from across regional and metropolitan Western Australia. It supports businesses looking to invest in new projects or expansion opportunities to build competitiveness and grow their operations.

The funding streams include:

  1. Capital investment
    $6 million in total. Grants available of between $250 000 and $750 000 to support capital expenditure for expanding or relocating value-adding in Western Australia.
     
  2. De-risking investment
    $500 000 in total. Grants between $50 000 and $150 000 available towards de-risking investment in value-adding enterprises.

Eligible businesses are required to match the grant funding dollar-for-dollar.

Applications close 5.00pm (AWST) Friday, 9 October 2020.

Apply now for the Value Add Investment Grants

More information

For more information about the eligibility criteria, view the attached guidelines and frequently asked questions or alternatively contact an Agribusiness Food and Trade team member by phoning +61 (0)8 9368 3853 or emailing aftprograms@dpird.wa.gov.au.