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Rural Economic Development Grants

QRIDA have announced a round 1 funding pool of $3mil to fund rural economic development projects that contribute to primary production related economic development and job creation in rural areas. The Queensland Government program offers emerging projects up to $250,000 in co-contributions to build industry and grow employment opportunities across the agricultural sector.

Who is eligible?

  • A medium sized business (<200 staff)
  • A primary producer
  • An association incorporated under the Associations Incorporation Act 1981
  • An entity established to represent either:
    - Primary producers
    - Primary production enterprises
  • A university or vocational training provider in Queensland.

Eligible activities include:

  • Capital expenditure on buildings, plant and equipment for the exclusive use of the project.
  • New or used plant and equipment for the exclusive use of the project.
  • Consumables used for the project.
  • Travel and accommodation where supported by a full itinerary and travel outcomes.
  • Training costs and technical support that are project specific.
  • Salary and on-costs for staff and professionals working solely on activities for the funded project.

Eligible projects must:

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

Main Assessment Criteria

  • 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.

Application process:

There is a two-stage application process:
1. Expressions of interest: Closes 26 October 2018
2. Full application (by invitation): Opens 30 November and closes 28 February 2019

Full details of the program can be obtained here.

Tips for grant application success

Prior to making the grant application, read the guidelines fully to be sure you and your project are eligible.  Then when writing the expression of interest be clear, comprehensive and make a convincing case for why you should receive the funding.  Hanrick Curran have experienced Government Grant specialists who can assist with expression of interest and full application submissions.  Please contact your usual Hanrick Curran advisor or speak with our Grant specialist Angela Winton on 3218 3900 for assistance.

 

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