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Enterprise Incentive |
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Development / Redevelopment Grant
The Enterprise Incentive - Development / Redevelopment grants provide assistance for stimulating farm productivity through changes to enterprise mix by development or redevelopment of farm infrastructure.  a farmer must have completed an approved business plan demonstrating that the farm enterprise can improve productivity, viability and sustainability
a minimum of 75 per cent of productive capacity of the farm business enterprise must be derived from 'irrigated' farming or 'capable-of-being-irrigated' farming, from a farm enterprise located predominantly within the Loddon Murray region
as a result of funding, 75 per cent of the productive capacity of the farm business enterprise must be derived from irrigated agriculture
the business must be viable within 5 years without the inclusion of off-farm income
the farmer must agree to undertake training identified as necessary in the business plan
each development / redevelopment stage is to be completed within one year of commencement or by 25 November 2002
the development / redevelopment must be consistent with the business plan
Assistance available is 25 per cent of the agreed development / redevelopment cost to a maximum grant of $20,000. Development and Redevelopment grants have now been exhausted. |
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Design and Production by
Talkin' Technical Communications |
Updated: May 2001
Contact LM2000 plus: Kelly.McKnight@nre.vic.gov.au |