Feb 14, 2024

Rural Economic Development Grant - Round 6

Jake Liberman
Funding of up to $200,000 to strengthen primary production sectors and bolster rural communities

What is the Rural Economic Development Grant? 

The Queensland Rural Economic Development (RED) Grants offer a significant opportunity for Queensland's agricultural sector to boost its productivity and employment rates, particularly in rural and remote areas. With a focus on enhancing the value chains of primary production, these grants aim to foster economic growth and strengthen community resilience.

Key Details

  • Maximum Funding Available: Up to $200,000 per applicant, requiring a matching co-contribution.

The application process is twofold:

  1. Expression of Interest (EOI) - due by 28 March 2024
  2. Full Application - by invitation for EOI applicants, closing on 21 June 2024

Notifications of the application outcomes will be communicated by 16 August 2024. Interested parties are encouraged to register their interest with Grant Savvy for further assistance.

Grant Objectives and Eligibility

The RED Grants aim to fortify the agricultural sectors and invigorate rural communities by supporting eligible projects that create jobs and deliver significant economic benefits to rural areas, focusing on primary production value chains.

Eligible Projects and Activities

Funding supports a variety of activities, including capital expenditures on project-exclusive buildings, equipment, consumables, travel, accommodation, project-specific training, and professional support. Additionally, salary and associated costs for project-dedicated staff and professionals are covered. However, the grant does not cover expenses for already commenced activities, replacement or repair of existing infrastructure, land purchases, non-project related training, feasibility studies, or administrative costs.

For comprehensive details on eligible projects and expenditures, applicants should refer to the official guidelines.

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