Round two opens for WA grants scheme
The Western Australian Government is providing $7 million in funding in the second round of its Value Add Investment Grants (VAIG) program to help expand, diversify and build resilience in the state’s agrifood and beverage sector.
The program has been designed to stimulate investment in food and beverage manufacturing, reducing Western Australia’s reliance on imported and interstate processed products.
The VAIG has two funding streams available and will concentrate on proposals that improve sustainability, contribute to emissions reduction goals and strengthen the resilience of WA’s food supply chain.
The Feasibility stream offers matching grants from $30,000 to $100,000 to help plan and derisk future capital investment projects. Grants worth between $250,000 and $750,000 are available under the Capital Investment stream for projects that expand, diversify or relocate value adding and processing operations to WA.
Applications for the Feasibility stream close on 8 June whereas the Capital Investment applications close on 22 June, at 5:00 pm on both days.
“Our Value Add Investment Grants program is a powerful initiative to incentivise the diversification and strengthening of our food and beverage supply chains and to expand our state’s food processing and manufacturing capacity,” said WA Agriculture and Food Minister Alannah MacTiernan.
“It’s also helping WA food and beverage processors and manufacturers to pivot to the increasingly complex demands of today’s highly dynamic operating environment to forge new ways of doing business and capture opportunities.
“The new round of funding builds on the first round of this strong program, which generated more than $132 million of private sector investment and an estimated 600 new jobs across agriculture industries — helping businesses realise their goals and build a robust future.”
For more information about the grant program, including instructions for applying, visit https://www.agric.wa.gov.au/VAIG.
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