FIAL launches $500K fund for food and agribusinesses

Food Innovation Australia Limited

Tuesday, 25 February, 2020

FIAL launches $500K fund for food and agribusinesses

Food Innovation Australia Limited (FIAL) has released a $500,000 fund designed to help small and medium food and agribusinesses who have been affected by events of national natural catastrophe or global disease outbreaks (in 2019 or 2020). The Black Summer Innovation Fund (BSIF) aims to encourage food and agribusinesses to use innovation to supercharge their business.

Australian food and agribusinesses affected by drought, flood, fire, African Swine Flu and the coronavirus may be eligible to receive grants of up to $25,000 and the opportunity to partner with technical experts and researchers, to innovate commercial products, processes or services. Grants are to be used to support business, product or service innovations.

For more information, visit: https://fial.com.au/creating-connections/BSIP.

Image credit: ©stock.adobe.com/au/Dusan Kostic

Related News

Unilever in discussions about its Foods business

On 20 March, Unilever issued a statement in response to recent speculation about a potential...

Call for legislation and greater Indigenous control over native foods

As Australia's native food industry booms, emerging Aboriginal leaders and experts call for...

Fonterra CEO Miles Hurrell announces resignation

Fonterra Co-operative Group Ltd has today (16 March 2026) announced that Chief Executive Officer...


  • All content Copyright © 2026 Westwick-Farrow Pty Ltd