Farm Innovation Fund NSW

At a glance

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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
  • show the farm produces at least 50% of your gross income
  • not have gross off-farm assets exceeding $5,000,000
  • provide satisfactory security to support the loan sought.

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

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Overview

The Farm Innovation Fund provides loans to assist farmers within New South Wales to 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 propsed work is to be carried out
  • show that the farm enterprise under normal conditions provides at least 50% of your total gross income
  • not have more than $5,000,000 in gross 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
  • lodge your application for the loan before commencing the project
  • show that your proposed works are part of your Farm Business and Risk Assessment Plan.

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

How to apply

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

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