NSW Farm Innovation Fund

Who: New entrant farmers, meaning you have been operating your business for between 12 months to three years, and more than 50% of your gross income will be derived from the farm business within three years of the date of application.

Purpose: Loan funding to help meet the costs associated with carrying out capital works that will have a significant beneficial impact on the land, long term profitability of the business and address adverse seasonal conditions. Such works would fall into four main categories and include the following examples but not limited to: Drought Preparedness, Environment, Farm Infrastructure, Natural Resources.

Amount: A loan of up to 100% of the net, GST exclusive cost of the works to a maximum of $1,000,000 with a maximum of $1,000,000 outstanding at any time.

Closes: Ongoing, subject to available funding