Value Add Investments Grants program – Feasibility Stream
The Feasibility Stream of the Value Add Investment Grants (VAIG) provides funds for eligible applicants towards feasibility studies and other de-risking activities to support an investment decision for eligible capital projects.
This grant has closed.
Testimonial Dardanup Butchering
Mark from Dardanup Butchering Company talks about how the Value Add Investment Grant supported their feasibility study to set up a dedicated export registered pig processing plant.
Further information
The Feasibility Stream provided the opportunity for eligible businesses to receive funding for planning, feasibility and other de-risking activities which a business plans to use to support an investment decision for qualifying capital expenditure and expansion projects relating to food and beverage manufacturing or other forms of value add processing.
The objective of the Feasibility Stream is to encourage new investments by businesses that will expand, diversify or relocate their value adding and processing operations in Western Australia (WA) by providing funding to determine the feasibility of capital and expansion decisions.
De-risking activities, such as feasibility studies, critically assess a capital proposal and enable businesses to make more informed decisions about whether to proceed. They play an important role in determining the time and resources needed to complete a project, its benefits and its risks. If you are considering seeking outside financing, a thorough, independent feasibility study or other de-risking activities are seen pre-requisites by potential investors or lenders.
Nine businesses shared in $520,000 worth of grants for feasibility studies to explore opportunities for business expansion, diversification and growth.
Businesses considering the feasibility of capital investment or expansion projects to grow, relocate or diversify food and beverage manufacturing or other forms of value add processing in WA.