What Is The AgTech Grants Program?
The AgTech Grants Program is a Victorian government initiative designed to support early-stage AgTech startups. It provides financial assistance to help founders build their capabilities and accelerate growth.
Background
This program aims to foster innovation and development within Victoria’s AgTech sector. By offering funding, it supports startups in their critical early stages, enabling them to grow and contribute to the agricultural technology landscape.
Funding
The AgTech Grants Program provides up to $50,000.
Key Funding Details
Funding is available for activities that enhance business capability and support growth:
- Operating costs related to eligible projects.
- Accessing business development services.
Eligible Projects
Projects must demonstrate the potential to grow and develop the business, including:
- Enhancing operational capability.
- Engaging services to drive business development.
Eligible Applicants
To qualify, applicants must meet these criteria:
- Have an Australian business number (ABN).
- Be registered for goods and services tax (GST) if required.
- Operate a registered business based in Victoria.
- Have founded their startup within the last 24 months.
- Comply with Victorian government ESG prohibited activities policy.
Ineligible Applicants
Applications are not open to:
- Businesses that do not meet the eligibility criteria.
- Those engaging in prohibited activities as per Victorian government ESG policies.
