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New Industry Development Program Announces New Round of GrantsA new round of grants has been announced from the Australian Government's New Industries Development Program (NIDP). Up to $100 000 is available for small to medium agribusinesses for Pilot Commercialisation Projects (PCPs). By Gippsland ACC - 21st February 2005 - Back to News Applications close Friday 8 April 2005 Projects need to be innovative, market driven, sustainable and aim to commercialise new agribusiness products, service or technologies.
No significant capacity must currently exist in Australia for the specified product, service or technology. That is, it derives less than $1 million total sales per annum from all Australian sources.
Applicants need to demonstrate the project's market success potential. As such, the initial market assessment and R&D stage should be completed.
Funding for PCP projects is provided on a matched dollar basis. For more information call 1300 88 45 88, email nid@daff.gov.au or visit www.daff.gov.au/agribiz
Source: http://gippsland.com/ Published by: news@gippsland.com

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