Funding support for Western Australian agribusinesses

Page last updated: Monday, 14 June 2021 - 9:30am

The Department of Primary Industries and Regional Development's Agribusiness, Food, Trade and Investment team offers a number of funding initiatives to support Western Australian agribusinesses.

Funds enable opportunities for upskilling, capacity building, supporting business growth and developing strategies to attract investment, capture export market opportunities, create more jobs and increase capital in Western Australia.

Funding, grants and support programs

Funding programs and initiatives that support Western Australian agribusinesses

Program

Details

Curtin Ignition Scholarships Open - apply now

Investor Readiness Capability Program

Open - apply now

International Competitiveness Co-Investment Fund

Closed
Agrifood and Beverage Voucher Program Closed

Value Add  Investment Grants

Closed
Value Add Agribusiness Investment Attraction Fund

Closed

Investor Readiness Grant Program

Closed

Curtin Ignition Scholarships (Total $9,750)

We’re supporting innovation and technology in our primary industries by funding 3 scholarships to the Curtin Ignition Program Perth, which will run from 5 to 10 September 2021.

It’s an opportunity for aspiring entrepreneurs and innovators to develop and trial their business ideas during an intensive week of workshops, mentoring sessions and clinics involving leading experts.

Our scholarships are open to WA students, individuals or businesses that could become high-growth business contributing to the prosperity of our state. We’re seeking ideas to solve an issue for our agrifood, fibre, fisheries or forestry industries.

Applications from Indigenous, new and aspiring entrepreneurs with limited experience of starting a business are strongly encouraged to apply.

Applications close 5 pm Friday 16 July 2021.

To learn about the program or apply visit Curtin Ignition

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Investor Readiness Capability Program

Open- Applications opened 5.00pm (AWST) Tuesday 1 June 2021

Applications close 1 June 2022 or until all funds are allocated.

The Investor Readiness Capability Program funds business events that support Western Australian agribusinesses to become ‘investor ready’ by providing investor ready training, skills or workshops. 

Eligible organisations include industry groups, agribusiness associations and not for profits that attract small to medium businesses to participate in a range of investor readiness programs.

Eligible organisations could receive sponsorship of up to $20 000 (ex GST), matched dollar-for-dollar for delivering investor ready business events. 

For more information or apply visit Investor Readiness Program.

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International Competitiveness Co-Investment Fund (Round 1 - $800,000)

Closed - Applications closed 12 midnight (AWST) Friday 12 August 2020

The International Competitiveness Co-investment Fund (ICCF) is a major grant program of $3 million committed across three grant funding rounds (2020-2022) through what was formerly known as the Grants for Asian Market Exports (GAME).

The first round of the International Competitiveness Co-investment Fund valued at $800,000 provided grants of between $50,000 and $100,000 to help businesses rebuild existing Asian market business relationships disrupted by COVID-19 and to develop and implement strategies to capture export market opportunities and attract investment that will lead to direct benefits for regional Western Australia. 

The Fund aims to:

  • Provide WA agrifood businesses with the capability to access and develop export markets; and
  • Support WA agrifood businesses to achieve consistent business growth through enhanced international competitiveness and strategic customer relationships in high value, premium export markets.

Grants were awarded to successful recipients in December 2020.

For more information, visit the International Competitiveness Co-Investment Fund 

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Agrifood and Beverage Voucher Program (Round 2 - $700K)

Closed - Applications closed 5.00pm (AWST) Friday 11 December 2020

$700 000 worth of vouchers are available for Western Australian agrifood and beverage manufacturers to engage business consultants or technical experts.

The Agrifood and Beverage Voucher Program supports Small to Medium Enterprises (SMEs) across regional and metro Western Australia to overcome potential barriers to growth, reduce risks around planned expenditure and capture new opportunities for growth and supports primary producers looking to transition to manufacturing to take steps towards producing value-added food and beverages

Vouchers up to $10 000 will be provided to competitive Western Australian businesses that meet eligibility criteria and whose business development objectives are most closely aligned with the State Government’s objectives of growing and diversifying the state’s economy, and job creation through sustained business growth and improved competitiveness.

For more information, visit Agrifood and Beverage Voucher Program.

Enquiries can be directed via email to foodindustryinnovation@dpird.wa.gov.au. or call the Innovation team on +61 (0)8 9780 6165.

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Value Add Investment Grants (Round 2 - $6.5M)

Closed - Applications closed 5.00pm (AWST) Friday 9 October 2020

Successful recipients will be announced at the end of January 2021.

The $6.5 million state-wide program supports 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.

Funding included:

  • 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.
     
  • 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 were required to match grant funding dollar-for-dollar.

For information on future grants or recipients please visit Value Add Agribusinness Investment Attraction Fund or contact the Investment team via email investment@dpird.wa.gov.au or phone +61 (0)8 9368 3853.

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Value Add Agribusiness Investment Attraction Fund
(Round 2 - $4.55M)

Closed - Applications closed 5.00pm (AWST) Friday 13 March  2020

Value adding agrifood businesses and processors with interests in the regions could apply for round 2 of the state government grant to grow and scale up capacity to capture new opportunities that take their enterprise to the next level.

  • Capital Expenditure: Up to $3 million available. Up to $300 000 per business towards capital expenditure related to investment in expansion or relocation of value add production and processing businesses in regional WA.
     
  • De-risking Investment: Up to $550 000 available. Up to $100 000 per business towards de-risking investment in value adding enterprises.
     
  • Agrifood Technology Investment Fund: Up to $1 million available. Up to $100 000 per business to support value adding businesses to invest in globally competitive ag-tech and food-tech.

For more information on future eligibility and criteria, visit Value Add Agribusinness Investment Attraction Fund or contact the Investment team via email investment@dpird.wa.gov.au on +61 (0)8 9368 3853.

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Investor Readiness Grant Program ($320 000)

Closed - Applications closed 5.00pm (AWST) Monday 13 January 2020

The Investor Readiness Program offered a competitive grant program that supported Western Australian agrifood businesses to become ‘investor ready’ by providing access to relevant professional services. Eligible businesses could receive a grant of up to $20 000 (ex GST) and were required to match the grant funding dollar-for-dollar.

Free Webinars and Masterclasses are currently available to businesses between February and December 2020. Please see the link below to register. 

For more information, visit Investor Readiness Program.