Deadline: 31-Oct-21
The Victorian Government is seeking applications for the Digital Agriculture Investment Scheme to assist farm businesses invest in digital technology to improve productivity, resilience, and the long-term viability of their farms.
The scheme aims to assist Victorian farmers adopt existing and emerging digital technologies. Economic modelling has shown that digital agriculture presents a $20.3 billion opportunity for Australian primary production. Digital agriculture refers to the use of agriculture technology to integrate agricultural production from the paddock to the consumer. These technologies can provide the agricultural industry with the tools and information needed to make more informed decisions and improve productivity
The Scheme will:
- assist farmers overcome the financial barrier associated with investing in digital agriculture technologies by providing access to capital
- increase adoption rates of digital agriculture technologies, and, in turn stimulate the state’s AgTech ecosystem
- assist farmers undertake projects to enhance the productivity, resilience and long-term viability of their farm
- empower farmers to fund business solutions through a flexible grants program.
Funding Information
- Grants from $5,000 to $50,000 (ex GST) are available for eligible projects. There is no maximum limit to overall project cost, noting the grant cap.
Eligibility Criteria
Only one grant will be offered per farm business (ABN). To be eligible for assistance under this Scheme, applicants must meet all of the following criteria:
- Be a Victorian based commercial farm business with an average annual primary production turnover of $50,000 or more
- Be a farm business focused on ‘Primary Production’ as defined in the Program Guidelines
- Hold an Australian Business Number (ABN) that is registered for GST
- Be a legal entity registered as a sole trader, trust or private company
- Install the project/s on agricultural land that you own, lease or share farm in Victoria
For more information, visit https://agriculture.vic.gov.au/support-and-resources/funds-grants-programs/digital-agriculture-investment-scheme