Australian Government: Forestry Recovery Development Fund Program

Deadline: 13-Oct-20

The Australian Government is inviting applications from privately owned wood processing facilities that were impacted by the 2019-20 bush fires, in a restricted competitive process, to apply for a Forestry Recovery Development Fund Program.

The grant program will strengthen industry and government cooperation to upgrade and secure forestry processing assets while safeguarding and creating jobs in forestry communities.

Grant Objectives

deliver funding to privately owned wood processing facilities that have been directly or indirectly impacted by the 2019-20 bush fires, and
enable wood processing facilities to develop new processing lines for their business, including upgrades to existing facilities and technologies, and new facilities that complement existing activities.

Grant Information

The Australian Government has announced a total of $40 million over three years for the Forestry Recovery Development Fund grant program.
The grant opportunity will run from 1 September 2020 to 13 October 2020.
- The minimum grant amount is $1 million.
- The maximum grant amount is $5 million.
The maximum grant period is three years concluding on 30 June 2023.

Grant Outcomes

support industry to adopt smarter, more efficient practices in product processing and forestry operations
provide for regional jobs and support regional communities

Eligibility Criteria

To be eligible, the applicant must:
- have an Australian Business Number (ABN)
- be registered for the purposes of GST
- be a permanent resident of Australia
- have an account with an Australian financial institution
- be financially viable
- have the demonstrated skills and capacity to deliver the project and be one of the following entity types:
  - a company incorporated in Australia
  - an incorporated association
  - a partnership
  - an Aboriginal and/or Torres Strait Islander Corporation registered under the Corporations (Aboriginal and /or Torres Strait Islander) Act 2006
The applicants can only accept applications:
- from privately owned wood processing facilities that:
- are not owned by State, and
- do not form part of a State, and
- are not a statutory authority established under a law of a State.