On 9 June the Premier announced the introduction of the First Farm Grant. The program provides $2 million as part of the Victorian Government's $631 million 'Ready for Tomorrow' strategic investment in regional Victoria.
The First Farm Grant provides business planning and development support to help young people who have recently made, or are about to make, a commitment in farming.
The program is designed to provide grants of up to $3,000 to young farmers (40 years or under at 1 July 2010) for business and planning advice by a qualified consultant.
Additional funding to a combined total value of $10,000 is available to undertake development projects identified in the business plan, that will improve the productivity and sustainability of their emerging farm enterprise.
Further information is provided in the fact sheet below.
First Farm Grant - Fact Sheet
First Farm Grant Application Part 1 - Business Planning
First Farm Grant Application Part 2 - Development