Grants to help affected Primary Producers in Victoria

Two available grants: the Victorian Primary Producer Flood Recovery Grant and the Victorian Rural Landholder Grant.

If you are a primary producer who has been affected by the recent floods in Victoria, you can apply for one of two grants available that can help your business recover from the damage caused by the floods: the Victorian Primary Producer Flood Recovery Grant or the Victorian Rural Landholder Grant. If your primary source of income comes from producing primary products, you can consider applying for the Victorian Primary Producer Flood Recovery Grant. On the other hand, if primary production is not your main source of income, you can explore the option of the Victorian Rural Landholder Grant instead.

It’s crucial to note that both grants will be closing on 30th April 2023. This means that if you’re eligible and interested in receiving financial assistance, you must act quickly to apply before the deadline.

Don’t miss out on this opportunity to get the support you need to get your business back on track. If you’re eligible, apply for the grant today.

  Victorian Primary Producer Flood Recovery Grant Victorian Rural Landholder Grants
Funding Up to $75,000 Up to $25,000
Closing Sunday 30 April 2023 Sunday 30 April 2023
Overview Funding is available to help pay for the costs of the relief, clean-up and reinstatement of primary production enterprises that have been directly impacted by the 2022 Victorian floods. The maximum grant amount available is $75,000, split into 2 payments:

➡ An initial up-front payment of $25,000. To support this claim, evidence of direct damage is required.
➡ A subsequent amount of up to $50,000. To support this claim, full evidence of payment is required.

Primary producers who operate more than one primary production enterprise may apply for assistance for each separate business to the maximum amount of assistance available for the relevant defined disaster area.
The Rural Landholder Grant has a 2-tiered payment structure:

➡ tier 1 – an initial amount of up to $5,000 on the provision of evidence of direct damage
➡ tier 2 – a subsequent amount of up to $20,000 on the provision of evidence of payment.

Funding can be used to help pay for the costs of the relief, clean-up and reinstatement of the primary production enterprise.
Eligibility To be eligible, applicants must:

➡ be a primary producer
➡ devote part of their labour to the primary production enterprise
derive at least 50% of their gross income from primary production in an average year, or from value adding products made directly from raw produce grown by the applicant
➡ hold an Australian business number (ABN) and have held that ABN at the time of the disaster
➡ have a primary production enterprise that is located in the defined disaster area for the eligible disaster and have suffered direct damage as a result of the eligible disaster
➡ have been engaged in carrying on the primary production enterprise when affected by the eligible disaster
➡ intend to reestablish the primary production enterprise in the same community, region or sector as the defined disaster area for the eligible disaster
➡ be primarily responsible for meeting the costs claimed in the applications.
To be eligible, applicants must:

➡ be a rural landholder (hold property of at least 10 hectares)
➡ have a primary production enterprise located in a defined disaster area that has suffered direct damage as a result of the disaster
➡ devote part of their labour to the enterprise
not receive the majority of income from primary production
➡ earn no more than $180,000 per annum from off-farm income
➡ have held an Australian business number (ABN) at the time of the disaster
➡ have engaged in carrying on the enterprise when affected by the disaster event
➡ intend to re-establish the primary production enterprise in the same community region, or sector as the defined disaster area
➡ be primarily responsible for meeting the costs claimed in the applications.
Website https://www.ruralfinance.com.au/industry-programs/victorian-primary-producer-flood-recovery-grants https://www.ruralfinance.com.au/industry-programs/victorian-primary-producer-flood-recovery-grants

Source: ATO

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