Farm Innovation Fund NSW


The Farm Innovation Fund provides farmers with loans to help them carry out capital works that have significant long-term benefits and mitigate poor seasonal conditions.

Open
Application detail:

Applications may be made at any time.

What do you get?

Loans of up to $1 million.

Who is this for?

NSW farmers.

Overview

The Farm Innovation Fund provides loans to help NSW farmers carry out capital works which:

  • identify and address risks to their farming enterprises
  • improve permanent farm infrastructure
  • ensure long term productivity and sustainable land use
  • prepare for changes to seasonal conditions

What are the eligibility criteria?

To be eligible, you must:

  • own or operate a farm enterprise in NSW where the proposed work is to be carried out
  • operate as a sole trader, partnership or private company, trading in agricultural products
  • show that the farm enterprise under normal conditions provides at least 50% of your total gross income
  • be registered with the Australian Taxation Office (ATO) as a primary producer and have an Australian business number (ABN)
  • not have more than $5 million in gross off-farm assets
  • demonstrate that the work you wish to carry out will have significant impact on the land, your farming enterprise and will help you to prepare for adverse seasonal conditions
  • demonstrate that your farm enterprise is sustainable in the long term and will be able to repay the loan
  • have the security required for the loan

How do you apply?

Find out more about eligibility and how to apply at Farm Innovation Fund.