The WA Government is investing more than $40 million into Western Australia’s primary industries to grow the State’s food sector and create jobs as part of the $5.5 billion WA Recovery Plan.
A number of programs will drive business diversification and trade opportunities, develop the aquaculture industry, and support the expansion of the premium food and beverage manufacturing industry.
A key initiative is a $16.7 million four-year Food and Beverage Fund, which will drive jobs and State-wide investment through grant funding to agrifood businesses for capital expansion, relocation or feasibility studies to grow local processing.
A key component of the initiative will be the Value Add Investment Grants. The grants provide a $6.5 million investment incentive scheme aimed to supercharge agricultural value-adding and processing from across metropolitan and regional WA.
Local food and beverage businesses can access matching funding to expand processing operations, taking WA’s top-quality fresh produce and turning it into a processed product for market - from breweries and bakeries to abattoirs and canning facilities.
This initiative builds on a similar program supporting agribusinesses in regional WA, which generated about $22 million in private sector investment and close to 300 jobs.
More information on the Value Add Investment Grants program is available from the Department of Primary Industries and Regional Development’s website.
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