Group's Vault Grants announced!

Group’s Vault Grants announced!

The Young Farmer Business Program is making grants of up to $10,000 (excluding GST) available to eligible groups across NSW. The Group’s Vault will provide grants to groups who support young farmers and fishersto undertake training related to business and leadership development.

Grants can be provided to formal and informal groups with a minimum of three members, locally or regionally located in NSW. The funds must be used for a project to develop the business and leadership skills of members. Activities should be targeting at least one of the following outcomes for young farmers and fishers:

  • knowledge and skills to improve social and business resilience;
  • knowledge and skills to manage risk;
  • knowledge and skills to execute effective plans;
  • knowledge and skills to make decisions that ensure the viability of their agricultural/fishing businesses;
  • access to new business ideas, tools and techniques; AND/OR
  • connect to other farmers/fishers and opportunities that enable entry and/or expansion of agricultural/fishing businesses;

A grant of up to $10,000 (excluding GST) is available per eligible group and multiple applications will be considered from a single group with the total amount payable being $10,000 per group.

Frequently Asked Eligibility Questions

Is my group eligible?

To be eligible for the grant, the following conditions must be met:

  1. You are a group which supports young farmers or fishers; and
  2. 70% of the project participants must be 18-35 years old; and
  3. The project has not yet taken place; and
  4. Your group has an active bank account; and
  5. Your group has an active Australian Business Number (ABN); AND/OR
  6. A sponsoring organisation with an active ABN.

What can we use the money for?

All costs associated with organising a project for young farmers or fishers to undertake activities related to business and leadership development.

Examples of projects include (but are not limited to) farm tours, commercial fishing business tours, workshops, events, business skills coaching, training, guest speakers.

What will not be paid?

  • Administration costs (E.g. payment for members’ time & office related expenses);
  • Any Young Farmer Business Program events or conferences;
  • Any programs, courses or activities that have already been fully or partially subsidised by any other State or Federal government agency;
  • Any conferences being attended by the group;
  • Any applications made by a school or university group; AND/OR
  • Projects that do not align with the project outcomes;

How do we apply?

Applications for assistance under the program must be made using the Young Farmer Business Program’s application form and include any attachments.

Applications can be submitted online. Apply Online here.

For all enquiries please contact the Young Farmer Business Program:

Additional Guidelines

Assessment

  1. Applications will be assessed against the eligibility criteria. The Young Farmer Business Program reserves the right to request further information from applicants or from any business or individual related to the application, to assist in assessing your application and to verify any information provided in your application.
  2. If approved the applicants will need to sign a project agreement letter and may need to provide tax invoices.
  3. You will be provided with an evaluation from the Young Farmer Business Program to show the outcomes from your project.
  4. Failure to provide any requested information may result in the Young Farmer Business Program refusing your application.
  5. The Young Farmer Business Program also reserves the right to refuse an application, at its discretion, for any reason or for no reason irrespective of whether the eligibility criteria have been met.
  6. Applications submitted may be subject to audit by the Young Farmer Business Program or its agents in order to determine compliance with grant guidelines.

Application

  • Complete applications will be assessed in order of receipt date. Incomplete applications will not enter the assessment queue until all required information is provided.
  • Applicants should note that past financial assistance under this program or any other program is not an indicator of eligibility for future financial assistance under this program.
  • Before applying for financial assistance under this program or making any decision, applicants should seek advice from their legal, business or financial advisers to determine their eligibility for and the terms of the financial assistance.

The fine print (Fraudulent claims)

  1. By completing the application form, you are declaring that the information provided in the application and supporting documentation is true and accurate.
  2. If any information provided in an application or supporting documentation is found to be inaccurate, untrue or misleading, legal action may be taken against you, including action to recover the funds.

Things you should know

  1. The group must complete an online application outlining the intended outcome of the project as well as the timeline, budget, monitoring and evaluation requirements.
  2. The group or a representative of the group must be willing and able to participate in an interview if required as part of the assessment process.
  3. The group must be able to demonstrate how the project is contributing to the business or leadership skills of participants. It is the group’s responsibility to ensure project outcomes are achieved.
  4. The group must be willing to provide content (e.g. social graphics, photos or a video of the event) for the Young Farmer Business Program to use on their digital platforms.
  5. The project must be completed within 12 months of the approval date.

Important Info

  1. Guidelines are correct at the time of publishing.
  2. The Young Farmer Business Program reserves the right to amend, alter or change these guidelines at any time, and it is the responsibility of the applicant to ensure that they check the relevant website prior to application.
  3. The guidelines that apply to your application will be the guidelines that are current at the time your application is received by theYoung Farmer Business Program.
  4. While the Young Farmer Business Program has taken all care in preparing these guidelines, they will not be liable in any way for any errors, omissions or variation to information in these guidelines or for not advising an applicant of any errors, omissions or variations to information in these guidelines.

By Young Farmer
YFBP, News,
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