Grant alert – Digital Agriculture Investment Scheme
Grants of up to $50,000 are available to Victorian Primary Producers looking to modernise their production processes.
The Victorian Government is investing $10m into primary producers through the Digital Agriculture Investment Scheme. Farmers and agribusinesses can now apply for funding to invest in on-farm digital technologies to improve productivity, resilience and long-term viability.
Grant funding can be used to invest in hardware, software, network connectivity and cloud based applications to:
- Improve animal and/or crop health
- Track key assets with smart devices
- Improve business efficiency with novel technologies and farm management platforms
- Purchase satellite imaging and GPS tracking solutions
- Increase on-farm connectivity; and more.
Grants from $5,000 to $50,000 are available on a 50% co-funded basis, with the Victorian Government offering up to half the cost of eligible projects.
Who is eligible?
‘To be eligible, businesses must register a turnover greater than $50,000 from primary production activities in an average year, with consideration made for drought, extreme weather, and COVID-19 related downturn. Businesses must also be registered for GST and be specifically focused on Primary Production.
Please note that off-farm food processors, packers, cold storage facilities, government agencies, not-for-profits and industry associations are not eligible for the fund at this time.
Grant funds will be allocated through a competitive application process, with applications assessed by Rural Finance and Agriculture Victoria.
Applications will be accepted until 31 October 2021, or when the funding allocation is exhausted. Given the competitive nature of the scheme we recommend applying well in advance of this date.
The Government Grants landscape is highly complex and competitive, with most programs being heavily over-subscribed.
How can SW help?
SW’s team of Agribusiness and Government Incentives professionals can assess your eligibility to the Digital Agriculture Investment Scheme and improve your chances of submitting a successful application.
Get in touch with our team below to find out how you can access this opportunity!