Food Innovation Precinct TRIPLES available grant amounts
Published on 31 March 2022
Applications for the Food Innovation Precinct’s Enterprise Support Program are now being accepted for co-funded projects of up to $600K each.
The increase in cap from $200K is a result of industry feedback, particularly as the Food Innovation Precinct aims to target business scale-up and export opportunities.
The Enterprise Support Program is a collaborative initiative that received funding from the Department of Primary Industries and Regional Development.
The support program is administering $3.8M in competitive grants and is open for applications from Western Australian agri-businesses, enterprises and entrepreneurs seeking to accelerate business and product development and deliver projects that support the scaleup of the state’s food and beverage manufacturing industry.
As an initiative of the Food Innovation Precinct, funding will enable industry to pursue commercial research and development projects including commercialisation of new ag-technology, business development opportunities, product development and value-adding, adopting innovation, enabling market access and increasing local capabilities and efficiencies.
Funding can also be used to purchase specialty equipment to drive innovation, diversification and business development and to access Precinct facilities including hiring research labs and leasing common user storage and workspaces.
$200k has already been granted from the fund so far, and as Shire of Murray Chief Executive Officer Mr. Dean Unsworth says, the Enterprise Support Program opens the door to the opportunities on offer through the state’s centre of excellence for food innovation.
“These expanded grants will scale up small-medium enterprise and enhance export capability creating new opportunities for value-adding and food processing and manufacturing, to transform the Western Australian industry, deliver jobs and economic benefit,” Mr. Unsworth said.
Applications can be submitted at any time during the year, with assessments made toward the end of each quarter.
For further information and to apply visit murray.wa.gov.au/wafip or email firstname.lastname@example.org.
The $21.75M Food Innovation Precinct is currently under construction within the Peel Business Park in Nambeelup, and is on track to be completed by July with tenants moving in after that.
The Western Australian Food Innovation Precinct is supported by funding from the Australian Government’s Regional Growth Fund.