Farm Innovation Fund NSW

At a glance

Open

Provides primary producers in NSW with loans of up to $250,000 to help carry out permanent works that have significant long term benefits and mitigate adverse seasonal conditions.

Who can apply:

At a minimum, you must be:

  • the owner or operator of the property where the work is to be carried out
  • operating as a sole trader, partnership or private company, trading in agricultural products
  • registered with the Australian Taxation Office (ATO) as a primary producer and have an Australian Business Number (ABN)

Other eligibility requirements may apply.

Deadline to apply:

Applications may be made at any time.

Contact information:

1800 678 593

rural.assist@raa.nsw.gov.au

Apply

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

Loans of up to $250,000 per project are available. Total assistance available for all eligible measures is $500,000 at any one time.

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

Find out more about the eligibility criteria at Farm Innovation Fund.

How to apply

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

Thanks for your feedback. If you have any ideas on how we can improve, we'd love to hear them.

Please provide your comments in the feedback form.

You might also be interested in