from Rural Finance: 6/7/2021   (bloody hell that was quick!)

 

The Digital Agriculture Investment Scheme is now fully subscribed, and the program is closed to new applications.

Applications previously submitted under this program are being processed in date order.

Due to the high volume of applications received, it will take several weeks to process existing applications.

Rural Finance will contact existing applicants directly to advise eligibility and if funds are available.

 

 

 

The Digital Agriculture Investment Scheme funded by the Victorian Government is currently open to applications.

Grants from $5,000 to $50,000 (ex GST) are available with at least a 50% co-contribution to assist farm businesses invest in eligible on-farm digital technology projects. 

Grants are available from the date the Scheme opens on 23 June 2021 until program funds are fully allocated or the closing date of 31 October 2021, whichever is sooner. The date you apply is your date in the queue.

Step 1. Get a quote from Farmo  (call Nick 0434 555 804) and other tech suppliers. The total value of all quotes for the project must be more than $10k (excl GST) to qualify for the scheme.

Step 2. Apply online here ( attach quotes, a rate notice and a tax return).

Step 3. Receive approval of project within 4 weeks.

Step 4. Proceed with purchase and installation.

Step 5. Submit photos of installed project for rebate to be processed into your account.

This is a great scheme allowing access to the latest on farm digital technology, with the government paying 50% of the invoice. It will go fast, so apply as early as you can.

Note that the minimum grant amount is $5k, so the total project cost must be at least $10k to qualify. Diffferent elements of the project may be supplied by different providers so you may have a few quotes combined that add up to the minimum $10k spend.