$250,000 Rural Economic Development Grant Now Open

Queensland Rural and Industry Development Authority have launched the second round of their Rural Economic Development Grants, with the aim of strengthening primary production sectors and supporting rural communities.

The $3 million funding pool will be used to achieve this goal by investing in projects that create employment, increase efficiency of primary production value chains, and provide significant economic benefit to rural areas.

To be eligible for the funding, applicants must:

  • Be able to provide an equal cash contribution to the grant requested; and
  • Have not previously received other government funding for the project, or a previous Rural Economic Development Grant for a substantially similar project.

Projects that are eligible for funding must:

  • Generate jobs, provide value for money and significant economic benefit to a rural area; and
  • Be related to primary production value chains.

Expressions of interest are currently open until 6 September 2019, with selected candidates being invited to submit a full application between 25 October 2019 and 10 January 2020.

Projects will then be assessed and selected by QRIDA on considerations including:

  • compliance with applicant and project eligibility criteria
  • the extent of the project creating employment related to primary production
  • the value for money and significant economic benefit generated by a project
  • the prospect of project success and long term commercial viability
  • the remoteness of the project’s location as defined by the Australian Statistical Geography Standard.

For more information please visit the QRIDA website .

For assistance in considering your project suitability and submitting your application with supporting documentation, please contact your usual Mazars advisor or alternatively our Grant specialist, Angela Winton, on +61 7 3218 3900.

Brisbane

Melbourne

Sydney

+ 61 7 3218 3900

+61 3 8458 0000

+61 2 9922 1166

Please note that this publication is intended to provide a general summary and should not be relied upon as a substitute for personal advice.

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