Farm Business Transition Program Round 1

The Australian Government is inviting applications in an open competitive process to apply for a grant under the Farm Business Transition Program (the program).

The grant can be used for a range of planning, professional and technical advice, application of research and development innovations and extension activities, and investment in on-farm infrastructure and improvements to increase the uptake of alternative farming systems and practices.

Grant funding of up to $75,000 per eligible applicant will be available to applicants to contribute to the future costs associated with the transition.

Co-funding of 1-1 is required for applications submitted under this program and the applicant must match the dollar value of the grant funding approved. In-kind contributions will not be counted towards matched funding.

Funding for this program is from the Phase Out of Live Sheep Exports by Sea - transition assistance.

Eligibility:

To be eligible, you must:

• have an Australian Business Number (ABN)
• be registered for the purposes of GST
• be a resident of Australia for operational and tax purposes
• have an account with an Australian financial institution, and
• be a legal entity with the capacity to enter into a legally binding agreement or contract with the Australian Government.

Also, you must be one of the following entity types:

• Company
• Cooperative
• Incorporated Association
• Indigenous Corporation
• Person
• Sole Trader.

If you are applying as a Trustee on behalf of a Trust , the Trustee must be one of the eligible entity types as listed above.