- McGowan Government Value Add Investment Grants driving agrifood and beverage sector growth and jobs for Western Australia
- Capital investment spurs business expansion, diversification and resilience
Ten dynamic Western Australian agrifood and beverage processing businesses will share in $6.3 million from Round Two of the McGowan Government’s Value Add Investment Grants to grow their operations.
The State’s contribution will attract more than $60 million in investment from the successful regional and metropolitan businesses to drive business growth, diversification, resilience and employment.
Projects include expanding pork, poultry and smallgoods processing, converting crop waste to stock feed, enhancing supplies and range of food ingredients, increasing vegetable processing output, and upgrading wine and brewery facilities.
The funding enables WA food and beverage processors and manufacturers to overcome supply chain challenges, reduce reliance on imported and interstate processed products, and capture value adding opportunities.
This program is delivering results, with Round One recipients investing $142 million in the sector, creating an estimated 600 new jobs since 2021.
Independent modelling shows this investment produced an additional $692 million in revenue for recipients, generating direct benefits to the WA economy.
The program’s feasibility funding stream remains open for applications, with grants of between $30,000 and $200,000 to lay the groundwork for business expansion, diversification and growth.
Feasibility grants can be used for technical consultants, accounting, legal and other professional services, architects, planners, designers, valuers and property services or market analyst reports, as well as facilitating regulatory approvals and licences.
For a list of capital investment grant recipients and more information on Value Add Investment Grants visit https://www.agric.wa.gov.au/VAIG. Feasibility stream applications can be made at any time until 30 June 2024.
As stated by Agriculture and Food Minister Jackie Jarvis:
“This important initiative is assisting our food and beverage industry to grow and thrive, as it pivots in response to supply chain disruptions and market challenges in recent years.
“I am excited by the new projects which will expand and diversify these businesses, especially those improving their sustainability to satisfy environmental, social and customer expectations.
“This valuable grants program is supporting businesses to pursue goals and aspirations with confidence, creating jobs and flow-on benefits throughout the supply chain, and helping to diversify the WA economy.”
Ministers Office: 6552 6200
Value Add Investment Grants – Round Two recipients
|Good Drinks Australia||Install two additional fermentation tanks to expand production capacity.||$750,000|
Stella Bella Wines
|Plant and equipment upgrade to increase production capacity for small batch premium wines.||$750,000|
Dardanup Butchering Unit Trust
|Site preparation and processing machinery installation for a new pork floor.||$750,000|
|Upgrade solar power system and technologies to amalgamate two smallgoods factory locations.||$750,000|
|Newco Mills||Establish stockfeed grain mill to produce stockfeed for WA livestock and animal industries.||$750,000|
|Created dedicated production areas and lines for poultry and port processing.||$525,000|
|Magnum Essence||Enlarge storage and packing rooms, install new equipment and solar panels to expand food ingredient supplies and range.||$428,631|
Homestyle Vegetable Processors
|Implement an automated processing line to increase processing output.||$603,796|
|The British Sausage, Ham and Bacon Company||Install a new production facility to expand small goods output.||$750,000|
D. Trandos & Sons
|Install capital equipment to convert crop waste into a high value, high quality cattle feed.||$262,039|