As a champion of Queensland’s agricultural exporters, TIQ is encouraging eligible producers to apply for a Rural Economic Development (RED) Grant worth up to $250,000.
RED grants are for projects that generate economic and employment opportunities related to primary production in Queensland’s rural and remote communities.
The grants can be used for a wide range of purposes, including:
- helping primary producers to prepare for export or become investment-ready
- developing new markets for value-added products
- implementing new technologies (including agritech) to enhance productivity.
Grants of up to $250,000 are available for projects that can contribute at least 50% of the necessary funding and will help generate jobs and significant economic benefit for rural communities.
This is the second round of RED grants, which were launched last year.
Minister for Agricultural Industry Development and Fisheries Mark Furner said the 2018 grants had supported businesses across Queensland, including producers from the Maranoa, Lockyer Valley, Central Highlands, Toowoomba, Bundaberg, Sunshine Coast, Mareeba, Balonne, North Burnett, Western Downs and Southern Downs regions.
‘We’ve seen some exciting projects that will greatly benefit and value add to the agricultural supply chains in regional areas, which will not only increase agriculture production but are expected to create up to 600 new jobs in the sector,’ he said.
Interested applicants must submit an expression of interest (EOI) for a 2019 RED grant by 6 September.
EOIs will then be assessed, and shortlisted applicants invited to submit a full application.
The Queensland Trade and Investment Strategy 2017–2022 commits the Queensland Government to boosting export- and investment-readiness among small to medium-sized businesses, especially those in the state’s regional areas.