Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Small to medium agribusinesses grants up to $200,000 available.



Download PDFDownload PDF

Media Release The Hon Fran Bailey, MP

22 September 2005

SMALL TO MEDIUM AGRIBUSINESSES GRANTS UP TO $200,000 AVAILABLE

Small to medium sized agribusinesses who are considering setting up food processing operations should apply for funding from the Australian Government’s Food Processing in Regional Australia Program.

Minister for Small Business and Tourism, Fran Bailey today reminded small businesses in the primary producer and food processing sector that they have until 5 October 2005 to apply for grants under the program.

Earlier this month, Minister for Agriculture, Fisheries and Forestry, Peter McGauran announced the recipients of the first round of funding under the Food Processing in Regional Australia Program (FPRAP), with 22 regional food processors sharing in $3.1 million funding.

“The FPRAP is a competitive, merit-based grants program that provides matched funding of $15,000 -$200,000 for small to medium sized agribusinesses proposing a food processing project in rural and regional Australia,” Fran Bailey said.

Projects considered include producing fresh, semi-processed or processed food, or the ingredients for a processed food product. To be eligible, applicants must employ fewer than 200 employees and have an annual turnover of less than $25 million.

An example of projects funded through the program, Victorian business Bendigo Gourmet Poultry & Game received a grant of $82,620 in the first round of funding to raise the profile of the organic, gourmet poultry and game bird industry throughout regional Victoria and increase its processing capacity.

In New South Wales, PMG Agriculture has developed a long-life watermelon juice and will use its grant of $200,000 to set up a processing facility in the Lachlan Valley and make use of melons from local growers.

“The projects funded through FRRAP are great news for small businesses in rural and regional Australia as they are a vital source of infrastructure, jobs and income,” Fran Bailey said.

“Applications for the second round of funding close on 5 October 2005 and I strongly encourage interested and eligible small businesses to take advantage of this fabulous opportunity.”

Information on how to apply is available online at www.daff.gov.au/regionalfood or by calling free-call 1300 794 550.

Media Contact: Carley Griffith, 02 6277 7430 or 0419 840 452.