Goulburn Valley Industry and Infrastructure Fund

Up to $5M is available for projects that capitalise on strengths in food production and food processing.

Goulburn Valley Industry and Infrastructure Fund

 

Call 1300 658 508

 

Overview

The Goulburn Valley Industry and Infrastructure Fund (GVIIF) provides funding to assist the Goulburn Valley to manage the challenge of structural adjustment, and reposition its economy for sustainable long term growth.

 

Objectives

The objectives of the GVIIF are to:

  1. invest in enabling strategic infrastructure to transform and transition the Goulburn Valley economy
  2. stimulate business/industry in agriculture and related food processing sectors
  3. facilitate increased export opportunities (both domestic and international), or import substitution
  4. create or retain jobs, and stimulate economic growth through supply chain innovation and revitalisation.

The GVIIF will prioritise projects that support food processing and related manufacturing, particularly in the context of agricultural industries, but not excluding other innovative business / industry development and diversification opportunities.

 

Background

The Victorian Government has made $5 million available to the Goulburn Valley in the face of structural challenges affecting agriculture and related manufacturing industries.

The region is of national significance for horticulture, fruit production and processing, with horticulture contributing 30% to the regional economy and providing significant employment opportunities. The economic prosperity of the region has been tested over the last decade due to long term drought, recent floods and population shifts, accelerated by the rate of structural change due to international competition, slowing economic growth and environmental change.

However, the Goulburn Valley region has a number of competitive advantages. These include recently upgraded water infrastructure, substantial businesses in food processing and related manufacturing, a strong natural resource base and its location on major transport routes.

The locally led Goulburn Valley Industry and Employment Taskforce delivered the Goulburn Valley Industry and Employment Plan (the Plan) in December 2013, following five months of consultation and engagement in the region. The Plan identified strategies to manage change, and build economic resilience in industries, businesses and communities.

 

Eligible Projects

The GVIIF will support projects that:

  • Deliver assets to create new long term jobs and/or secure existing business operations
  • Facilitate new investment requiring critical enabling infrastructure to proceed
  • Deliver facilities that build on regional assets or strengths and/or respond to an identified regional need
  • Better integrate supply chains and/or improve the efficiency and productivity of existing assets
  • Achieve improved manufacturing processes so that businesses are more productive, efficient, competitive and sustainable

 

Funding

The Victorian Government has committed $5 million from the Regional Growth Fund to help local businesses and industry in the Goulburn Valley grow and adapt to changing market conditions and capitalise on strengths in food production and food processing.

Applicants are expected to make a financial contribution or source third party funding.  Projects should maximise their funding support from a range of sources, including private sector and regional organisations, Federal and local government and the community.  ‘In kind’ contributions are not accepted as part of the funding contribution.

 

Expert Assistance

Writing a good quality grant application is a critical element in the application process. An application needs to be well thought through, written concisely, have clear objectives and purpose, and show clear links to the objectives of the grant guidelines.

The grant application must answer all questions, provide all required information and respond to the merit criteria. It should also reflect your organisation’s business strategy.

Writing a good application takes time and effort, and requires particular writing skills.

Bulletpoint are expert grant consultants and can assist with all aspects of grant preparation. We are an independent grants consultancy and not affiliated, associated nor endorsed by any government agency.

We know what it takes to secure this grant.

 

Call 1300 658 508

 

More Information

 

Latest Recipient

The third major investment from the Victorian Coalition Government’s Goulburn Valley Industry and Infrastructure Fund was announced today, with Tatura Abattoirs receiving a $1.2 million grant towards a multi-million dollar expansion.

Deputy Premier and Leader of The Nationals Peter Ryan made the funding announcement in Tatura today alongside The Nationals candidate for Shepparton Greg Barr.

Mr Ryan said the $1.2 million investment would enable Tatura Abattoirs to enter the export market and create 50 new full-time jobs.

Mr Ryan said the expansion would include upgrades to the onsite wastewater treatment system, construction and fit out of a new lamb boning room, installation of new holding freezers and construction and fit out of a new slaughter floor.

“Tatura Abattoirs is a truly great locally-owned family business, processing about 9,500 lambs per week,” Mr Ryan said.

“The Coalition Government’s investment will support a major expansion, growing the capacity of the abattoir which will enable it to increase its processing volumes to around 12,000 lambs per week.

“Currently around 80 per cent of the lamb processed is supplied to Woolworths, however this additional 2,500 carcasses will enable Tatura Abattoirs to begin expanding into the export market.

“Gaining access to the export market will provide the company with a greater customer mix, ensuring it is not reliant on one major purchaser.

“Equally, the expansion will enable the company to meet the ever increasing demand from its existing customers, including Woolworths.”

Mr Barr welcomed the Coalition Government’s investment and praised Tatura Abattoirs for continuing to invest in its business to grow local jobs.

“Tatura Abattoirs began operating in 1984, and has since grown to become one of the major domestic suppliers of processed lamb,” Mr Barr said.

“It is a major local employer and a strong contributor to the local economy.

“I am proud to be part of a strong National Party team, which is working in a Coalition Government, which continues to invest in this region.”

Mr Barr said today’s announcement followed similar Goulburn Valley Industry and Infrastructure announcements at Nathalia and Shepparton.

“In the past month we have proudly invested $1.37 million to support Ryan Meat Company complete a $5.5 million expansion that will create 70 new locals jobs, as well as $1 million to support an $18 million expansion at Pactum Dairy Group that will create 14 new jobs,” Mr Barr said.

“This project here at Tatura Abattoirs is another great investment and brings the total investment through the $5 million Goulburn Valley Industry and Infrastructure Fund to $3.57 million and the total number of jobs created to more than 130.

“I want to see more money allocated to this fund in the next term of government to continue creating new jobs and diversifying our local economy and I will continue to work within a Coalition Government to secure this additional funding.

“This region has huge potential beyond fruit production and I will fight to grow our local economy with additional support for industries such as red meat and dairy processing and others.”

 

 

2018-11-30T22:13:11+00:00November 4th, 2014|