Open NowBusiness
Drought Ready and Resilient Fund NSW
Australian Government · Australia
This program provides low interest loans to New South Wales farmers to help them prepare for, manage and recover from drought. Loans can be used for animal welfare, farm preparedness, income diversification, environmental improvements, training and business development.
Funding
Up to $500K
Deadline
Rolling / Ongoing
Location
New South Wales
Who Can Apply
• Own or operate a primary production enterprise in New South Wales where the proposed work is to be carried out
• Operate as a sole trader, partnership or private company trading in agricultural products
• Show that the farm enterprise under normal conditions provides at least 50% of total gross income
• Be registered with the Australian Taxation Office as a primary producer and have an Australian Business Number
• Have no more than 5000000 in gross off-farm assets
• Demonstrate that the farm enterprise is sustainable in the long term and able to repay the loan
• Have the security required for the loan
To be eligible, applicants must own or operate a primary production enterprise in New South Wales where the proposed work will be carried out; operate as a sole trader, partnership or private company trading in agricultural products; show that the farm enterprise under normal conditions provides at least 50% of total gross income; be registered with the Australian Taxation Office as a primary producer and have an active Australian Business Number; not have more than $5 million in gross off-farm assets; demonstrate that the farm enterprise is sustainable in the long term and able to repay the loan; and have the security required for the loan.
What's Funded
Low interest loans for products, activities and services relating to animal welfare, farm preparedness, income diversification, environmental improvements, training and business development.Expected Outcomes
Improved drought preparedness, better drought management and recovery capacity, diversified farm income, environmental improvements, and stronger long-term farm sustainability and loan repayment capacity.Key Information
Applicant Types
sole_traderpartnershipcompany
Stage
established
Funding Purposes
sustainabilitytrainingcommunityother
Keywords
droughtlow interest loanfarm preparednessprimary producersfarmersanimal welfareincome diversificationenvironmental improvements
Frequently Asked Questions
1
What is the Drought Ready and Resilient Fund NSW?
The Drought Ready and Resilient Fund NSW is a business grant offered by Australian Government in Australia, providing Up to $500K in funding. This program provides low interest loans to New South Wales farmers to help them prepare for, manage and recover from drought. Loans can be used for animal welfare, farm preparedness, income diversification, environmental improvements, training and business development.
2
How much funding does the Drought Ready and Resilient Fund NSW provide?
The Drought Ready and Resilient Fund NSW provides Up to $500K in funding.
3
Who is eligible for the Drought Ready and Resilient Fund NSW?
- Own or operate a primary production enterprise in New South Wales where the proposed work is to be carried out
- Operate as a sole trader, partnership or private company trading in agricultural products
- Show that the farm enterprise under normal conditions provides at least 50% of total gross income
- Be registered with the Australian Taxation Office as a primary producer and have an Australian Business Number
- Have no more than 5000000 in gross off-farm assets
- Demonstrate that the farm enterprise is sustainable in the long term and able to repay the loan
- Have the security required for the loan
4
What activities are funded?
Low interest loans for products, activities and services relating to animal welfare, farm preparedness, income diversification, environmental improvements, training and business development.
5
How do I apply for the Drought Ready and Resilient Fund NSW?
Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.
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