New Industry Development Grants

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Grants up to $2 million to support innovative business expansion in Native Forestry Timber Regions, accelerating development and creating resilient regional economies with new industries.

Current status of program

CLOSED

To register your interest in future rounds or discuss alternative grant opportunities please contact us here.

What is the New Industry Development Grants (NIDG)?

The New Industry Development Grants (NIDG) is a component of the Industry and Community Development Programs (ICDP) that provides assistance for the diversification of local economies.

The NIDG aim to attract new industries and facilitate the expansion of businesses in the South West timber regions. Businesses, innovators, and organisations with investment-ready projects are encouraged to apply for matched funding grants.

These grants will support unique, innovative, and sustainable projects that create new employment opportunities, safeguard existing jobs, and future-proof the regional economies of Western Australia.

The New Industry Development Grants form part of the McGowan Government’s $80 million Native Forestry Transition plan to phase out commercial native timber logging by 2024. The McGowan Government has also invested a record $350 million in new softwood plantations across the South West, which will create and support WA forestry jobs. The decision to end native forest logging from 2024 will preserve an additional 400,000 hectares of karri, jarrah and wandoo forests, and protect WA’s native forests for future generations.

NIDG level of support

Grants

  • Maximum grant – $2 million

Cocontribution

  • Matched funding is a mandatory requirement.
  • This can be demonstrated through personal funds or loan approvals, excluding in-kind support, labor costs, and existing assets.

NIDG important dates

  • This program is currently closed
  • Register your interest here with GrantHelper

NIDG important details that you will need to know

The objectives of the NIDG are to:

  • support new industry and business expansion in Native Forestry Timber Regions
  • accelerate business development, future-proof economies, create new industries

 

Eligible Applicants:

  • must have an ACN or ABN
  • be a legal and solvent entity capable of entering into a funding agreement with the Government of Western Australia
  • must be a solvent Australian-based business or organisation
  • need to propose a project within the Native Forestry Timber Regions
  • must submit a comprehensive application via Smarty Grants

 

Ineligible Organisations:

  • local, State, or Federal Government Authorities/Agencies
  • Government Trading Enterprises (GTEs)
  • individuals without an ABN
  • businesses that have received payments from certain Business Transition Programs or Industry and Community Development Programs

 

Ineligible Projects:

  • project activities outside of Western Australia

 

Ineligible Expenditure:

  • retrospective, contingency, or ongoing operational costs
  • ongoing salaries/employment of new or existing staff
  • core business expenses (e.g., off-the-shelf software, recruitment activities, design and printing of sales promotion materials, advertising, and general legal advice)
  • GST payments (applies to GST registered organisations only)

 

1. Demonstrated Alignment with Program Objectives (30%)

  • future-proof regional economies
  • foster innovation in the regions
  • generate jobs for displaced timber workers
  • support sustainable projects
  • emphasise uniqueness and competitive neutrality

 

2. Jobs in the Native Forestry Timber Regions (30%)

  • create new jobs, including apprenticeships
  • protect and develop existing jobs
  • enhance skills and capabilities
  • explore trade and import substitution opportunities

 

3. Organisational Capacity (20%)

  • demonstrate financial capability
  • maintain a robust governance structure
  • have key personnel with relevant expertise
  • showcase demonstrated experience

 

4. Project Preparedness (20%)

  • projects likely to deliver tangible outcomes in the region within two years

 

You should check eligibility.

You should address on one or more objectives: Future-proofing regional economies, bringing innovation to the regions, creating jobs for displaced timber workers, and implementing sustainable projects.

Successful applicants will demonstrate:

  • innovation: explain the project’s unique features and why it’s innovative
  • job creation: provide job details, including titles, numbers, and employment status
  • sustainability: show how the project improves Western Australian sustainability, with evidence
  • competitive neutrality: explain how the project won’t harm other local businesses and identify competitors
  • trade opportunities: present potential interstate, overseas, or import replacement trade possibilities
  • organisational capacity: provide evidence of financial solvency, governance structure, and key personnel
  • project preparedness: showcase readiness within two years with outcomes, timeline, budget, approvals, risks, engagement plan, and evaluation

 

Information requirements may include:

Business Details

  • description: date of establishment, brief history, structure, business goals, and products/services.
  • employment structure: number of Full Time Equivalents (FTEs) employed.
  • existing markets: Overview of current trading locations, including local (WA), interstate, and international.

 

Proposed Project:

  • project description: explanation of the proposed project and its purpose
  • funding amount: requested funding, noting the maximum grant award of $2 million, which requires matching funds
  • spending plan: description of how the grant funds will be utilised, listing key tasks and activities
  • grant necessity: justification for grant funding to support the project’s implementation
  • funding balance: explanation of how the remaining project balance will be funded (matching funds)
  • innovation: explanation of why the project is considered innovative
  • competitive neutrality: demonstration that the project will not harm local businesses economically
  • trade opportunities: details of new trade opportunities created by the project (interstate, overseas, import replacement)
  • sustainability contribution: outline of how the project will enhance the overall sustainability of the Western Australian environment

 

Applications are submitted online via the Native Forest Transition portal.

Book a no obligation discovery session with GrantHelper to explore your alignment with this grant and how we can assist you to increase your chances of success.

NIDG resources

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