LDC New Incentives Report | Page 105

INCENTIVE TYPE INCENTIVE NAME ORGANISER / GOVERNMENT
BRIEF SUMMARY
ELIGIBILITY AND FURTHER DETAILS
Assistance Scheme OR the Natural Disaster Assistance( Essential Working Capital) Scheme for an eligible disaster- not both.
� http:// www. qrida. qld. gov. au / currentprograms / Disaster-recovery / natural-disasterassistance-essential-working-capital / naturaldisaster-assistance-essential-working-capital-smallbusiness
Low interest loans
Grants
Business Improvement Concessional Loans
Natural Disaster Qld Gov. QRIDA Recovery Grants Scheme – Exceptional Circumstances, Primary producer
QLD Gov: QRIDA � Low interest loans to help farm businesses restructure previous eligible loans.
� Loan amounts can be up to 50 % of a farm business’ final debt position to a maximum of $ 1 million. The variable concessional interest rate is currently set at 3.09 %( from 1 August 2017). Maximum loan terms of up to ten years apply, with interest only repayments initially available for up to five years. Principal and interest repayments apply for the remaining five years of the loan, calculated on the basis of a 10-year loan term. can be used to restructure Eligible Debt, including existing Commonwealth concessional loans.
� Grants to help pay for costs associated with cleaning and reinstatement activities after a natural disaster.
� Grant up to $ 25,000 is available to assist eligible primary producers as follows: initial grant amounts to assist in cleaning and reinstatement costs to $ 5,000 and ii) subsequent grant amounts to assist you with additional cleaning and reinstatement costs up to a total of $ 20,000
Grants
Grants Hub
NQDT
� A website that provides a list of current funding opportunities in region,
includes grants through NQDT and elsewhere.
� Closing date for applications 30 June 2018.
� Farmer and farm business must meet eligibility criteria set out in guidelines( http:// www. qrida. qld. gov. au /__ data / assets / pdf _ file / 0003 / 8625 / 20170623-Qld-Guidelines- BICL-Final. pdf). Includes must have eligible debt and must have owned and operated the Farm Business for at least the past three consecutive years, and the majority of the business is in Queensland.
� http:// www. qrida. qld. gov. au / currentprograms / business-improvement-concessionalloans
� Closing date for applications 20 July 2018.
� Primary production enterprise must have suffered direct damage caused by Central Coast Queensland Severe Weather 16- 19 October 2017; Applies to Bundaberg Regional Council and North Burnett Regional Council local government areas.
� http:// www. qrida. qld. gov. au / currentprograms / Disaster-recovery / special-disasterassistance / special-disaster-assistanceprimary-produce
� Currently no opportunities available to graziers( latest closes 31 / 5).
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