The South Australian Government’s South East Forestry Partnerships Program, a $27 million State Government assistance package designed to encourage a viable and strong timber sawmilling industry, is now open for applications. Source: Timberbiz
Introduced earlier this month to stimulate investment in the South East, funding provided via the South East Forestry Partnerships Program is available to companies with a connection to the forestry industry.
Funding is available to the private sector for capital investment in the timber industry, with the aim to create and secure jobs in the State’s South East. Successful applicants will be required to match the Government investment on at least a 1:1 basis.
Applications will be assessed on criteria including their strategic importance for the State and/or South East region in the forest and forest products sector, for their positive and sustainable economic impact on the South East through retaining or expanding regional timber processing, positive impact on employment and level of innovation.
Funding is accessible by eligible applicants in the South East who have, or are able to enter, into contractual relations to purchase timber from the successful bidders of the forward sale of forest rotations Onefortyone Plantations Pty Ltd.
Funding of capital upgrades must be of new projects starting from November 5 2012.
An information session will be held on November 28 at 11am-noon in the Mount Gambier City Hall.
Applications are being sought from companies and projects that:
• have strategic importance in the forest and forest products sector;
• have a positive and sustainable impact on economic activity;
• impact favourably on employment;
• be economically, financially and commercially viable; and
• are innovative.
To register for the information session visit www.dmitre.sa.gov.au/sefpp
